PBGC Updates Monthly Interest Rate for Valuing Lump Sums

Thursday, April 30th, 2009 | administrator

The PBGC has updated the information regarding the applicable interest rate for valuing lump sum payments for May, 2009.

 Document Excerpt

The immediate interest rate for valuing lump sum payments for the month of May 2009 is 3.50%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for April 2009 was 3.25% 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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