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Group Annuity

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Group Annuity
An annuity purchased by a number of people who negotiate collectively. A group annuity operates like other annuities, except that contributions are paid by (and payments are made to) more than one person under a single plan. See also: Group insurance.


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New York Life Investments recently introduced the new Guaranteed Interest Account, a stable value group annuity product issued by New York Life and backed by its broadly diversified general account.
Nippon Life to hike pledged group annuity policy effective yields TOKYO - Nippon Life Insurance Co.
GAO analysis indicates the Congress intended that the interest rates used in current liability and lump-sum calculations should reflect the interest rate underlying group annuity prices and not be vulnerable to manipulation by interested parties.
 
 
 
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