The PBGC has released the applicable interest rates for lump sums payable in January, 2012.
Document Excerpt
The immediate interest rate for valuing lump sum payments for the month of January 2012 is 1.25%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for December 2011 was 1.50% 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/prac/interest/monthly/miru121511.html
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