Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Text of PBGC Interest Rate Update for January 2017: Benefits Payable in Terminated Single-Employer Plans (PDF)
Pension Benefit Guaranty Corporation [PBGC] [Official Guidance] Dec. 15, 2016
"This final rule amends the [PBGC] regulation on Benefits Payable in Terminated Single-Employer Plans to prescribe interest assumptions ... for valuation dates in January 2017.... PBGC will publish a separate final rule document dealing with interest assumptions under its regulation on Allocation of Assets in Single-Employer Plans for the first quarter of 2017.... The January 2017 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 December 2016, these interest assumptions represent an increase in the immediate rate of 0.50 percent and are otherwise unchanged."
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