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Text of PBGC Notice of Flat Premium Rates for 2008: $33 for Single-Employer, $9 for Multiemployer (PDF)
Pension Benefit Guaranty Corporation [PBGC]
[Official Guidance] Nov. 30, 2007 Excerpt: The adjustments are based on changes in the national average wage index as defined in section 209(k)(1) of the Social Security Act, with a two-year lag -- for example, for 2008, the 2006 index is compared to the baseline (the 2004 index). The new provisions are written in such a way that the premium rate can never go down .... [T]he 2008 flat premium rates for PBGC's two insurance programs will be $33.00 per participant for singleemployer plans and $9.00 per participant for multiemployer plans. MORE >> |
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