Regulation & law · 15/12/2014

Allocation of Assets in Single-Employer Plans; Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Valuing and Paying Benefits

The Pension Benefit Guaranty Corporation has updated its regulations to specify interest assumptions for valuing and paying benefits in terminated single-employer plans, effective January 2015, and for allocating assets in single-employer plans, effective the first quarter of 2015. These assumptions are used to calculate benefits under the pension insurance system administered by PBGC.