Pension risk transfer

Transitioning your pension plan liabilities to an established, stable institution will help give you peace of mind that your employee benefits are secure.

Pension plan sponsors and advisors say financial strength and benefits administration experience are key qualifications when selecting a provider to assume pension liabilities. Cuna Mutual Group offers both.

Administrative capabilities

CMFG Life Insurance Company is the second-largest provider of pension risk transfer services.1 Our administrative team averages 19 years of experience2 to support your plan participants. Our hands-on approach to pension risk transfer allows you a seamless transition with no changes in benefit payments for participants.

Financial strength

You’ll rest assured that your plan participants are supported by a stable financial institution with $28.5B in assets and liabilities, a 494% risk-based capital ratio2, and strong ratings by firms such as A.M. Best, Moody’s Investors Service and Standard and Poor’s Ratings Services.3

When it comes to protecting your plan’s participants, Cuna Mutual Group is the reliable source for securing pension benefits.

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Cuna Mutual Group logo with blue background

While our brand is transitioning, our experience and stability as an organization remains the same.

  • 98%+ Retirement Plan Retention Rate
  • $20B+ Assets Under Administration
  • 300,000+ Employees Served

1U.S. Group Annuity Risk Transfer Survey, Secure Retirement Institute, Third quarter, 2021; 2Internal data, 2021; 3Affirmed, March 2021. Ratings apply to CMFG Life Insurance Company and its subsidiaries, MEMBERS Life Insurance Company, and CUMIS Insurance Society, Inc. A.M. Best also rates CUMIS Specialty Insurance Company, Inc. Ratings are subject to change. AM Best: A is the third highest rating out of 16 issued. The outlook for all ratings is stable; Moody’s: A2 is the sixth highest rating out of 21 issued; S&P: A+ is the fifth highest financial strength rating of 21 issued.

CUNA Mutual Group and Cuna Mutual Group are marketing names for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries, and affiliates. CPI Qualified Plan Consultants, Inc. and CMFG Life Insurance Company are subsidiaries of the CUNA Mutual Holding Company. Annuity insurance products are issued by CMFG Life Insurance Company, located in Madison, Wisconsin. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues.

Securities distributed by CUNA Brokerage Services, Inc. (CBSI), member FINRA(opens in a new window)/SIPC(opens in a new window), a registered broker/dealer, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 866.512.6109. Non-deposit investment and insurance products are not federally insured, involve investment risk, may lose value, and are not obligations of or guaranteed by the financial institution. Representatives offer retirement and investment education but do not provide investment, legal or tax advice. Participants are encouraged to consult their financial professional.