PBGC Flat Premiums for 2007: $31 per Participant for Single-Employer, $8 for Multiemployer Plans

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[Official Guidance]

12/1/2006: PBGC Flat Premiums for 2007: $31 per Participant for Single-Employer, $8 for Multiemployer Plans (Pension Benefit Guaranty Corporation [PBGC])

Excerpt: The Deficit Reduction Act of 2005 ... changes the per-participant flat premium rate for plan years beginning in 2006 ... and provides for inflation adjustments to the flat rates for future years. The adjustments are based on changes in the national average wage index .... [T]he 2007 flat premium rates for PBGC's two insurance programs will be $31.00 per participant for single-employer plans and $8.00 per participant for multiemployer plans.

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