��������

You take care of your employees. We’ll take care of helping you.

You want to fulfill your pension plan obligations to employees in retirement. But it can be a challenge while managing unpredictable interest rates, growing costs, and other “what ifs” that can add up to risk.

And we know there are plenty of other concerns that may have brought you here today—things like: 

• Regulatory issues
• Pension Benefit Guaranty Corporation (PBGC) premium increases
• Administrative and actuarial expenses
• Investment performance

The good news is you're in the right place. We'll work with your business to implement and manage a pension risk transfer solution.

You can also talk to your financial professional to find out how pension risk transfer could work for your business.

How does a pension risk transfer work?

Essentially, you exchange your current defined benefit plan for a product called a single premium group annuity. This helps to protect your business, so you can guarantee employees under your pension plan will receive their benefits.*

We then provide benefit payment and administrative services according to your needs, ensuring that you fulfill your responsibility to your employees in retirement. 

Why Principal?^®

We won’t just give you a quote and make the sale. We understand every employer and plan situation is unique—we'll help guide you through the entire process. (And the nearly 5,100 plan sponsors across a range of industries who have chosen us could agree.¹)

And because we work with all sizes of businesses and organizations, we can make nearly all plan provisions work, from the most basic to the most complex.

Our experienced staff is solely dedicated to group annuity contracts, with an average tenure of 18 years.² That means you’ll be working with professionals who know and understand pension risk transfers—and people who care about your business and your employees.

Do you offer employee benefits through us?
Manage your benefits online.