For those claimants or attorneys structuring their fees who would like the possibility of more upside potential with payments linked to increases in the S&P 500 Index, Pacific Life offers a rider as an option to their annuity contracts.

Depending on the annual performance of the S&P 500 equity index, the annuity payments can increase with the index up to a maximum of 5%, but will never decrease even if the index declines in an annual period.

For example, assuming monthly payments begin at $1,000 and the S&P 500 Index increases 7% in the first annual period, the annuity payments will increase by 5% to $1,050 for year 2. If in that second year the index declines by 10%, the payments will not decrease, but remain the same or at $1,050 for year 3. If in that third year the S&P Index increases by 4%, the payments will increase by 4% to $1,092. The payments can only increase or stay level and will never decline.

Click on the link below to review a brochure from Pacific Life that describes this innovative product in more detail, or give Henry Barkhausen a call to find out more about the Index-Linked Annuity Payment Adjustment Rider.