PBGC Final Rule on Interest Rate Assumptions for August in Terminating Plans

The PBGC issues a final rule regarding the payment of benefits under plans with valuation dates during August 2011.

Document Excerpt

SUMMARY This final rule amends the Pension Benefit Guaranty Corporation’s regulation on Benefits Payable in Terminated Single-Employer Plans to prescribe interest assumptions under the regulation for valuation dates in August 2011. The interest assumptions are used for paying benefits under  terminating single-employer plans covered by the pension insurance system administered by PBGC.


Link http://www.gpo.gov/fdsys/pkg/FR-2011-07-15/pdf/2011-17931.pdf

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