ABOUT PRUDENTIAL OUR COMMITMENT

When partnering with Prudential, plan sponsors experience a firm-wide focus on pension risk transfer. We have invested heavily in our industry-leading team and our capabilities so plan sponsors can count on receiving the highest levels of service. We work tirelessly with sponsors and intermediaries to develop solutions equal to the challenges presented—meeting the needs of all parties involved.

Prudential is honored to be the largest provider of pension risk transfer solutions in the United States, having helped nearly 5,000 pension risk transfer clients provide and protect retirement security for more than 1.8 million individuals.

Prudential is also pleased to be a global leader in tailoring reinsurance solutions for the largest and most sophisticated pension insurers in the world. Agreements such as the 2015 Rothesay Life transaction—which covers longevity risk associated with pension liabilities for approximately 25,000 pensioners and deferred members in the U.K.—demonstrates Prudential's continued support for pension de-risking outside of the United States.

From that early transaction with the Cleveland Public Library, to the landmark agreement with the General Motors Retirement Program for Salaried Employees, to the breakthrough longevity reinsurance deal with the BT Pension Scheme, Prudential views each client as a unique opportunity to provide unsurpassed value.

General Motors pension fund

  • 4,000,000 participants
    and annuitants
    served

    Provided by Prudential Retirement as of December 31, 2015

  • 10,800,000 annual
    defined benefit
    payments

    Provided by Prudential Retirement as of December 31, 2015

  • $9,400,000,000 annual
    defined benefit
    gross payments

    Provided by Prudential Retirement as of December 31, 2015

  • 2,300,000 calls handled by our
    Participant Service
    Center in 2015

    Provided by Prudential Retirement as of December 31, 2015

  • Over 190U.K. pension schemes have longevity risk reinsured by Prudential

    Provided by Prudential Retirement as of September 30, 2015

  • Nearly $28 billion Of pension liabilities reinsured by Prudential for the BT Pension Scheme

    Provided by Prudential Retirement as of September 30, 2014

 

"The transition from the General Motors pension fund to Prudential was seamless, absolutely seamless. In my wildest dreams, I would have never expected it to go as well as it did."

– Kathi Callan, General Motors retiree

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