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Text of PBGC Monthly Interest Update for July and Third Quarter 2015
Pension Benefit Guaranty Corporation [PBGC]Link to more items from this source
[Official Guidance]
June 12, 2015

"The third quarter 2015 interest assumptions under the allocation regulation will be 2.32 percent for the first 20 years following the valuation date and 2.37 percent thereafter. In comparison with the interest assumptions in effect for the second quarter of 2015, these interest assumptions represent no change in the select period ..., a decrease of 0.39 percent in the select rate, and a decrease of 0.41 percent in the ultimate rate ... The July 2015 interest assumptions under the benefit payments regulation will be 1.25 percent for the period during which a benefit is in pay status and 4.00 percent during any years preceding the benefit's placement in pay status. In comparison with the interest assumptions in effect for June 2015, these interest assumptions represent an increase of 0.50 percent in the immediate annuity rate and are otherwise unchanged."

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