De-risking takes many forms. The purchase of annuity “buy-in” investments, buy-out annuity policies prior to a plan termination, and liability-driven delegated investment consulting arrangements have been common tools. Other forms of de-risking include merging a defined benefit pension plan with another plan, including a transfer to a multi-employer jointly sponsored pension plan. In other cases, de-risking is achieved through a full pension plan termination/wind-up, an option that is often implemented following de-risking strategies which have resulted in the plan becoming fully funded.
We have experience with all of these measures. We provide our clients with legal and strategic advice on all aspects of a de-risking transaction or a series of possible de-risking solutions to achieve the best outcome.
We work hand-in-hand with our clients’ actuarial consultants and in-house counsel to supplement the consultant’s de-risking expertise with our legal insight, thereby providing seamless advice to our clients.
Corporate Transactions and Restructurings
Plan Design, Conversions and Surplus Utilization
Defined Benefit Pension Plan De-risking
Pension Plan Governance, Administration and Regulatory Compliance
Corporate Transactions and Restructurings
Plan Design, Conversions and Surplus Utilization
Defined Benefit Pension Plan De-risking
Pension Plan Governance, Administration and Regulatory Compliance
BMKP Law is here to help. We are creative in our problem-solving and proactive in our approach.