PBGC Announces September Immediate Lump Sum Interest Rate

Friday, August 14th, 2009 | administrator

The PBGC has released the interest rate to be used in valuing lump sum payments for the month of September, 2009.

 Document Excerpt

The immediate interest rate for valuing lump sum payments for the month of September 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 August 2009 was 3.00% 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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