Longevity swap

Pensions risk management.

A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected.

It is a form of longevity hedge, protecting against the potentially adverse effects of longevity risk.

See also

• Defined benefit pension scheme
• Inflation swap
• Longevity
• Longevity Annuity
• Longevity hedge
• Member
• Swap