August 11, 2021 00:25 Updated Follow Both employers and taxpayers are protected from the risks of managing the annuity program internally. Related articles What is the difference between a defined benefit (pension) and defined contribution? When will the change to MetLife as the annuity provider for INPRS become effective? What company will provide future member annuities for INPRS? I'm retiring from my PERF-covered position at the end of the month. My employer has agreed to re-hire me in the same job after 30 days. Is this legal? How did the change to MetLife as annuity provider come about?