Peel pears, removing core from bottom end but leaving stems intact. Slice about 1.4 inch from bottom of each pear to make a flat base. Set pears aside. Combine next ingredient in a Dutch oven, bring to boil over medium heat.
Place pears in an upright position.
Cover and simmer for 20 minutes. With a slotted spoon transfer pears to a 10 x 6 x 2 inch baking dish. Put in refrigerator until ready for use. Optionally, sprinkle toasted nuts or coconut on top.