The PBGC has issued the lump sum interest rate applicable for May. Document Excerpt The immediate interest rate for valuing lump sum payments for the month of May 2011 is 2.50%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for April 2011 was 2.50% for [...]
PBGC Guidance
Lump Sum Rate for May
April Immediate Interest Rate
The PBGC has released the April immediate interest rate for lump sum payments.
Proposed Rule on Shutdown Benefits
The PBGC issues a proposed rule to amend its regulation on Benefits Payable in Terminated Single-Employer Plans.
President’s Budget Would Allow PBGC to set Premiums
President Obama’s recently released proposed budget would, for the first time, allow the PBGC to set its own premiums.
Monthly Interest Rates for March Lump Sums
The PBGC announces the interest rates for valuing March, 2011 lump sum benefits.
PBGC Amends Final Rule to Prescribe Interest Rate Assumptions for March 2011
The PBGC rule amends its regulation on Benefits Payable in Terminated Single-Employer Plans to prescribe interest assumptions under the regulation for valuation dates in March 2011.
Lump Sum Interest Rates for February
The PBGC releases the lump sum interest rates for February.
Immediate Interest Rates for January Lump Sums
The PBGC has released the immediate interest rate applicable to lump sums payable in January, 2011.
Purchase of Irrevocable Commitments Prior to Standard Termination
PBGC notifies that it will not be taking any further regulatory action or providing specific guidance at this time regarding the purchase of irrevocable commitments by a defined benefit plan prior to a standard termination.
Premium Payment Instructions
The PBGC has posted on its website premium payment instructions.
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