Featured Jobs
|
Nova 401(k) Associates
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
EPIC RPS
|
|
DWC ERISA Consultants LLC
|
|
BPAS
|
|
The Pension Source
|
|
Merkley Retirement Consultants
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
July Business Services
|
|
BPAS
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
Compensation Strategies Group, Ltd.
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Text of PBGC Interest Rate Update for April and Second Quarter 2016
Pension Benefit Guaranty Corporation [PBGC] 
[Official Guidance] Mar. 14, 2016
"The second quarter 2016 interest assumptions under the allocation regulation will be 2.77 percent for the first 20 years following the valuation date and 2.86 percent thereafter. In comparison with the interest assumptions in effect for the first quarter of 2016, these interest assumptions represent no change in the select period ... a decrease of 0.05 percent in the select rate, and a decrease of 0.09 percent in the ultimate rate ... The April 2016 interest assumptions under the benefit payments regulation will be 1.00 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 March 2016, these interest assumptions represent a decrease of 0.25 percent in the immediate annuity rate and are otherwise unchanged."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |