For many employers the ability to provide retirement benefits to workers is a must. Since the last century, in addition to pension plans and life insurance, group annuities have been offered as a way to ensure the financial comfort of employees following retirement. Group annuities differ slightly from individual annuities in that the payout of a group annuity is dependent upon the life expectancy of all members of the group rather than on the individual. The costs of maintaining a group annuity program are typically absorbed by the employer.

In 1931 the Standard Oil Company of New York issues a circular to its employees outlining the features and benefits of its group annuity plan, and the Annuity Museum is happy to offer its visitors a look at this document.