Final Rule: Allocation of Assets; Interest Assumptions

The PBGC amends its final rule on the interest rate used for valuing and paying benefits under terminating single-employer plans covered by the PBGC.

Document Excerpt

This final rule amends the Pension Benefit Guaranty Corporation’s regulations on Benefits Payable in Terminated Single-Employer Plans and Allocation of Assets in Single-Employer Plans to prescribe interest assumptions under the benefit payments regulation for valuation dates in January 2012 and interest assumptions under the asset allocation regulation for valuation dates in the first quarter of 2012. The interest assumptions are used for valuing and paying benefits under terminating single-employer plans covered by the pension insurance system administered by PBGC. 

Link http://www.gpo.gov/fdsys/pkg/FR-2011-12-15/pdf/2011-32184.pdf

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