The PBGC has updated its website to reflect the interest rate to be used in valuing lump sums for the month of August.
Document Excerpt
The immediate interest rate for valuing lump sum payments for the month of August 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 July 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%).
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