Regulation & law · 14/12/2018

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 issued a final rule updating interest assumptions for valuing and paying benefits in terminated single-employer plans, effective January 2019, and asset allocation regulations, effective the first quarter of 2019. This change aims to provide more accurate benefit payments under the pension insurance system.