Investment guidebook

We developed the Frozen Pension Plan Handbook as a simple, illustrative guide for those who have already frozen–or are considering freezing–their pension plans. It may help you in your decision-making.

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The investment and management of frozen pension plans

This Frozen Pension Plan Handbook serves as an illustrative guide for those who have already frozen or are considering freezing their pension plan.

Fourth edition

Russell Investments' popular Corporate Pension Finance Handbook was created to help bridge the gap between the worlds of corporate officers and pension staff. In this supplemental handbook, we have concentrated on a specific type of pension plan: those that have frozen benefit accruals as an early step on the path towards eventual plan termination. Since the original publication, we have experienced even more funding relief. This created incentives to delay full funding. Sponsors are also facing high PBGC premiums, which penalize underfunded plans. This handbook addresses industry trends and regulations in key areas such as:

  • Increases in PBGC premiums
  • The growth of the annuity market
  • The concept of "plan hibernation"

A look inside

The handbook follows a hypothetical company, "Three Peaks Equipment" and their employees, Charlene, Holly, and Daniel as they journey through the investment and management of a frozen plan. Their journey begins with their background and continues throughout the next three sections: Funding policy, Investment policy, and Risk transfer.

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Frozen plan handbook

Request the guidebook

Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell Investments client, but are an institutional investor, we welcome you to request this online guide.

We only require your contact information on the request form below.

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guidebook

The information, analyses and opinions set forth herein are intended to serve as general information only and should not be relied upon by any individual or entity as advice or recommendations specific to that individual entity. Anyone using this material should consult with their own attorney, accountant, financial or tax adviser or consultants on whom they rely for investment advice specific to their own circumstances.

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