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Text of PBGC Interest Rate Update for Benefits Payable in Terminated Single-Employer Plans, April 2020
Pension Benefit Guaranty Corporation [PBGC]
[Official Guidance] Mar. 17, 2020 "The April 2020 lump sum interest assumptions will be 0.00 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 March 2020, these assumptions represent no change in the immediate rate and are otherwise unchanged." |
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