Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|Text of PBGC Interest Update for Asset Allocations, 1st Quarter 2016|
Pension Benefit Guaranty Corporation [PBGC]
Dec. 21, 2015
"This final rule ... prescribe[s] interest assumptions under the asset allocation regulation for valuation dates in the first quarter of 2016.... PBGC has published a separate final rule document dealing with interest assumptions ... [for the month of] January 2016.... The first quarter 2016 interest assumptions under the allocation regulation will be 2.82 percent for the first 20 years following the valuation date and 2.95 percent thereafter. In comparison with the interest assumptions in effect for the fourth quarter of 2015, these interest assumptions represent no change in the select period (the period during which the select rate (the initial rate) applies), an increase of 0.36 percent in the select rate, and a decrease of 0.03 percent in the ultimate rate (the final rate)."
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