The PBGC has revised its rules to reflect the interest rate to be used in paying benefits from a terminated plan in February, 2012.
Document Excerpt
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 February 2012. The interest assumptions are used for paying benefits under terminating singleemployer plans covered by the pension insurance system administered by PBGC.
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