Meet the Needs of the Rapidly Growing Retiree Market

There is a growing need for solutions that help employees manage the distribution of income during retirement. However, employers must balance the development of competitive benefits packages with the pressure to keep costs down.

To achieve this balance, many businesses have shifted much of the cost and risk of benefit programs to their employees while providing more retirement planning services. The number of active participants in defined benefit plans has decreased by 32 percent since 1980 while the number of active participants in 401(k) and other defined contribution plans has increased by more than 260 percent ¹.

Lifelong Income can help employers strengthen employee relationships with programs that are:

Affordable: Reduce the company's costs associated with a benefits package.

Complementary: Supplement or enhance an existing defined benefit or 401(k) plan.

Competitive: Improve the quality of an employee retention and recruitment program.

Comprehensive: Can be tailored so employees can choose the benefits they need, without having to pay for the ones they don't.

Easy to Administer: Offering Lifelong Income from MetLife places little or no extra burden or cost on the company.

Targeted: We will help identify which benefits best meet an employee's needs and determine the best way to reach employees while working with the employer.

Conversation Starters
Try these conversation starters with your clients and prospects. They will appreciate your proactive approach in helping them meet a difficult challenge.

"What if you could offer your employees a meaningful way to provide for their retirement without making additional contributions to their pension plan?"

"Do you realize that MetLife offers a way for employees to generate the income they'll need for retirement…with little or no burden to your company?"

"Catch-up provisions on your 401(k) plan are great, but did you know there was a way for any employee to save more for retirement…even if he or she is already contributing the maximum to your 401(k)?" Learn More Make annuities an important part of your sales strategy.

1- U.S. Department of Labor Employee Benefits Security Administration, Private Pension Bulletin Historical Tables and Graphs, February 2009.

Like most annuity contracts, MetLife contracts contain exclusions, limitations, reductions of benefits, surrender charges and terms for keeping them in force. Your MetLife Representative can provide you with costs and complete details.

All guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company.

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