Milliman Sustainable Income Plan
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Overview
A retirement plan that actually lets you retire
The Milliman Sustainable Income Plan® (SIP) is an innovative retirement plan design, combining the benefits of a defined benefit (DB) plan and a defined contribution (DC) plan. It provides the best of both worlds.
The SIP is a smarter way to balance risks between plan sponsors and employees. It’s the first plan design that aligns the objectives of finance and human resources.
How does SIP work for you?
For employers:
- Stable, predictable contributions (balance sheet stability)
- By design, benefits stay fully funded in all market conditions
- Maximizes benefit provided per dollar of contribution
- Effective workforce management lever
- Recruitment and retention tool
For participants:
- Lifelong retirement income
- Benefits that increase with good investment returns – even in retirement
- Mitigates market risk
- Professional asset management
- Doesn’t depend on individual saving behavior
