What is a QLAC?
The primary purpose of a qualified longevity annuity contract (QLAC) is to provide a guaranteed income stream for life starting at a future date, with payments beginning as late as age 85.
Whether you’re looking for a de-risking strategy for your company’s pension plan, want to provide financial security to your retirees, or looking for a strong investing partner, Pacific Life has the solutions and experience to help you navigate the complex challenges faced by today’s institutional customers.
Visit one of the sites below to find a solution that’s right for you.
Explore the latest insights from the Institutional Business.
The primary purpose of a qualified longevity annuity contract (QLAC) is to provide a guaranteed income stream for life starting at a future date, with payments beginning as late as age 85.
This white paper discusses the landscape of how employer-sponsored plans have greatly changed over the past few decades. As the majority of the baby boomers with pension plans reach full social security benefits age and enter retirement, a new chapter of how future retirees receive retirement income is beginning.