PBGC interest rates going from 100% to 120%

[Gary]

does anyone know where i can obtain regulations that allowed employers to use 120% pbgc rates for distributions over 25k?

i need to research 411d6 cutback issues. i.e. i imagine there is a point in time when the pvab of accruals must be maintained at 100% rates. i suppose, the plain wear-away approach can always be used.

gary

[AndyH]

I'd suggest taking a look at Notice 87-20, which I recall provided the guidelines to these rules and probably provides the background. I don't remember a time that the 120% did not apply, however.

[Gary]

i don't believe i have that notice. do you k now where i could get it?

thanks,

gary

[AndyH]

I'm having trouble finding it online, and I don't have access to my research service right now, so perhaps someone else can help in the interim. I think this Notice followed TRA'86 and I think the TRA'86 Blue Book, if you can locate that, may be helpful as well.

[david rigby]

Let's see if this works.