Regulation & law · 15/09/2011

Pension Benefit Guaranty Corporation Final Rule Affects Terminated Single-Employer Plans and Asset Allocation

The Pension Benefit Guaranty Corporation has issued a final rule updating interest assumptions for valuing and paying benefits in terminated single-employer plans, with changes effective for valuation dates in October 2011 and the fourth quarter of 2011, impacting plans covered by the PBGC insurance system.