PBGC Update of July Interest Rates

Monday, June 15th, 2009 | administrator

The PBGC has updated its website to reflect the interest rate for valuing lump sums in July, 2009.

 Document Excerpt

The immediate interest rate for valuing lump sum payments for the month of July 2009 is 3.75%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for June 2009 was 3.75% 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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