The investment and management of frozen pension plans

We developed the Frozen Pension Plan Guidebook 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.

Request yours today

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 guidebook, 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 guidebook 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 guidebook 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.

LEARN ABOUT OUR SOLUTIONS FOR DEFINED BENEFITS
 

 

Frozen plan handbook

Request today

* Asterisks indicate required fields.

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.

Products and services described on this website are intended for United States residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.

Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the "FTSE RUSSELL" brand.

© Russell Investments Group, LLC. 1995-2026. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.