MetLife, Inc. · NYSE:MET
MetLife — Investor Presentation (January 2010)
10 slides from MetLife's investor presentation, Jan 12, 2010
Slide 1: Emerging Retirement Model Study: A Survey of Plan Sponsors
©UFS Emerging Retirement Model Study: A Survey of Plan Sponsors January 12, 2010 Cynthia Mallett, Vice President, Product & Market Strategies, Corporate Benefit Funding L0110080583[exp0111][All States][DC]
Slide 2: Overview
Overview • Background – Current economic forces are driving opposing trends – Workforce reductions colliding with workers seeking to delay retirement – Employers, as well as Congressional leaders, are grappling with the notion of what “retirement” really means – Implications for future benefit desig
Slide 3: Methodology
Methodology • Commissioned Asset International to conduct online survey of plan sponsors – with 1,000+ employees – offered DB and/or DC plan, and as well as at least two employee welfare benefits • Targeted senior compensation & employee benefits executives with a strategic view of their company’s d
Slide 4: Knowledge Drain Concerns Trump Delayed Retirement
Knowledge Drain Concerns Trump Delayed Retirement • Knowledge drain is both a “today” and “tomorrow” issue for most employers Concerns relating to employee retirement, today and in 3-5 years 4 L0110080583[exp0111][All States][DC]
Slide 5: Productivity and culture are casualties of retirement
Productivity and culture are casualties of retirement • But many believe the bottom line will benefit Impact of Retirement of Older Employees Our organization’s productivity Our organization's culture Our organization’s ability to be innovative Our organization's ability to implement our growth stra
Slide 6: Disconnect Between Worry and Action
Disconnect Between Worry and Action • Few employers have taken steps to curtail or assess impact • But time may be on their side Current and Expected Retirement Ages +3.0 Years +3.3 Years 6 L0110080583[exp0111][All States][DC]
Slide 7: Benefits Not Viewed as a Strategic Lever
Benefits Not Viewed as a Strategic Lever • Retiree benefits incidence increases with firm size • Few acknowledge link between post-retirement benefits and retirement decision • Missed opportunity to use benefits as a strategic tool? Do You Offer Post-Retirement Benefits? 7 L0110080583[exp0111][All S
Slide 8: Phased Retirement Programs Key to Recalibrated Retirement
Phased Retirement Programs Key to Recalibrated Retirement • More legislation and regulatory guidance welcome Potential Obstacles to Offering a Phased Retirement Program 8 L0110080583[exp0111][All States][DC]
Slide 9: New Retirement Model Emerging?
New Retirement Model Emerging? • A more gradual transition of older workers from full-time work to retirement. • The burden of retirement security has, by large, shifted to the individual. • Older workers, once retired, may move back into and out of the workforce either for the social engagement and
Slide 10: MetLife Insurance Company, 200 Park Avenue, New York
MetLife Insurance Company 200 Park Avenue, New York, NY 10166 www.metlife.com 10 L0110080583[exp0111][All States][DC]