Milliman buyout index puts competitive retiree cost at 99.7% for July
Competitive retiree buyout cost rose 10 bps to 99.7% of accounting liability in the July reading, published 31 August 2026, while average pricing climbed to...
Milliman’s estimated competitive retiree buyout cost, as a percentage of accounting liability, increased by 10 bps from 99.6% to 99.7% during July. Milliman published the reading on 31 August 2026 in its Pension Buyout Index (MPBI), authored by Jake Pringle and Ryan Cook.
The increase came down to a 1-bps difference between two larger moves: in July 2026 the accounting…
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