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Text of PBGC Interest Rate Update for Benefits Payable in Terminated Single-Employer Plans, November 2019
Pension Benefit Guaranty Corporation [PBGC] 
[Official Guidance] Oct. 11, 2019 "The November 2019 lump sum interest assumptions will be 0.25 percent for the period during which a benefit is (or is assumed to be) 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 October 2019, these assumptions represent an increase of 0.25 percent in the immediate rate and are otherwise unchanged." |
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