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Text of PBGC Interest Rate Update for Benefits Payable in Terminated Single-Employer Plans, April and Second Quarter 2018
Pension Benefit Guaranty Corporation [PBGC] Link to more items from this source
[Official Guidance]
Mar. 14, 2018
"The second quarter 2018 interest assumptions under the allocation regulation will be 2.27 percent for the first 20 years following the valuation date and 2.59 percent thereafter. In comparison with the interest assumptions in effect for the first quarter of 2018, this represents no change in the select period ..., a decrease of 0.12 percent in the select rate, and a decrease of 0.01 percent in the ultimate rate (the final rate). The April 2018 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 2018, these interest assumptions represent a 0.25 percent increase in the immediate rate and no changes in i1, i2, or i3."

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