PBGC Announces Interest Rates for Lump Sums

The PBGC has announced the interest rates for calculating immediate lump sum payments for the month of February, 2009 and deferred lump sum payments.

Document Excerpt

The immediate interest rate for valuing lump sum payments for the month of February 2009 is 3.00%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for January 2009 was 4.00% for lump sum payments; the deferred interest rate I1 was 4.00%, I2 was 4.00%, and I3 was 4.00%).

Link http://www.pbgc.gov/rates/interest.html

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