Valuation of Plan Benefits in Single-Employer Plans; Expected Retirement Age

Streszczenie

This rule amends the Pension Benefit Guaranty Corporation's regulation on Valuation of Plan Benefits in Single-Employer Plans (29 CFR Part 2619) by adding a new Table I-96 to appendix D. Table I-96 applies to any plan being terminated either in a distress termination or involuntarily by the PBGC with a valuation date falling in 1996, and is used to determine expected retirement ages for plan participants. This table is needed in order to compute the value of early retirement benefits and, thus, the total value of benefits under the plan.