PPT-The Power of Qualifying Longevity Annuity Contracts (QLACs)

SMRU 1673666 Exp 11182017 1 ANNUITIES Are Not FDICNCUA Insured Are Not a Deposit May Lose Value Have No Bank Guarantee Are Not Insured by Any Government Agency Agenda Risks for Retirees. A qualifying child is de57375ned as a tax dependent child up to age 26 or any age if permanently disabled A qualifying relative is someone who resides with you for more than half of the year Qualifying children and relatives must not provide more th GLBs(guaranteed living benefits). GLWBs(guaranteed lifetime withdraw benefits). GMWBs(guaranteed minimal withdraw benefits). GMIBs(guaranteed minimal income benefits). GMABs(guaranteed minimal accumulation benefits). Leonid A. Gavrilov. Natalia S. Gavrilova. . Center on Aging . NORC and The University of Chicago . Chicago, USA. Approach . To study “success stories” in long-term avoidance of fatal diseases (survival to 100 years) and factors correlated with this remarkable survival success. World’s Oldest Human. Jeanne Calment . of Arles, France. 1875-1997. 122 . yrs. Longevity. is Heritable. From Gross L., 2006. Helen Reichert and siblings, as children and centenarians. Mollye. Marcus, 111 years old, and family. GLBs(guaranteed living benefits). GLWBs(guaranteed lifetime withdraw benefits). GMWBs(guaranteed minimal withdraw benefits). GMIBs(guaranteed minimal income benefits). GMABs(guaranteed minimal accumulation benefits). Age-Old Problem. Primary Competency: . Amy Kessler. Senior Vice President. Head of Longevity Risk Transfer. Prudential Retirement. ®. . Prudential Retirement is a Prudential Financial, Inc. (PFI) business. PFI is headquartered . Longevity Risk Transfer: Where Does the Market Turn When All the Cheap Capacity is Gone. Longevity 12. September 2016. Laura Hardy. A Balancing Act. Servicing demand at a price that works. Is reinsurer longevity capacity running out?. d. emand regular equal deposits into an investment. Simple Regular annuity. Deposits are on the same timeline as the interest calculations (simple annuity). First deposit is made at the end of the conversion period (ordinary or regular annuity). Leonid A. Gavrilov. Natalia S. Gavrilova. . Center on Aging . NORC and The University of Chicago . Chicago, USA. Approach . To study “success stories” in long-term avoidance of fatal diseases (survival to 100 years) and factors correlated with this remarkable survival success. in a mandatory DC pension environment. John Piggott. University of New South Wales. Outline of talk. Demographics. Market developments. What do people want?. How can this be delivered?. Policy designs – some specific country examples. Longevity 12. September 2016. Laura Hardy. A Balancing Act. Servicing demand at a price that works. Is reinsurer longevity capacity running out?. Global exposure currently supports local appetite . US mortality exposure $12trn Sum Assured**. Michael Birt, PhD, Senior Advisor. Diana Nyad. Swam from Cuba to USA. 180 kilometers, without a shark cage. She was 64 years old. Others at 64. …. .. “Because . the rate of ageing varies immensely among . Gene Chr Trait Associated with the Gene References SNP position coded _allele non_co ded_all ele exp_freq_c oded_allel info certainty Interleukin 6 (IL6) - 174 polymorphism) longevity14,18rs18007950 Content. Annuity and the 4 available options. Annuity Rate . Service Excellence: Post Policy Set up. Plan of Action. Existing CPSU Clientele . Annuity and the 4 available options. An annuity is a life long pension that ensures for the annuitant a guaranteed.