11/5/2008: PBGC Announces 2009 Maximum Insurance Benefit (International Foundation of Employee Benefit Plans)
Excerpt: "The Pension Benefit Guaranty Corporation (PBGC) announced that the maximum insurance benefit for participants in underfunded pension plans terminating in 2009 is $54,000 per year for those who retire at age 65. The PBGC provides a chart with the annual monthly maximum benefit guarantees for retirees from age 75 to 45."
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