Pension risk transfer
Group annuity certificate holder
Who is F&G?
As a provider of insurance solutions for life and retirement, F&G products have protected nearly 800,000 people across the United States. Since entering into the pension risk transfer (PRT) space, we've covered more than over 27,000 lives with a PRT group annuity.
As of Q1 2022
Learn about F&G's strength, size, leaders and more below.Get to know F&G
What is a pension risk transfer (PRT) transaction?
A pension risk transfer (PRT) transaction occurs when a company transfers to F&G its obligation of making its employees’ defined benefit pension plan payments.
There will be no changes to the annuity benefits you accrued as a result of this transition. Retirees receiving a monthly annuity payment will have no change in that amount. Depending on withholding elections, there may be a small change to net payments.
You don’t need to take any action to prepare for the transition. You’re eligible for the same benefits or annuity payments, as applicable, through the annuity contract.
Connect with customer service at the PRT support page below.Access PRT support
Or call us toll-free: 1.833.418.1940