WASHINGTON, July 2 -- Pension Benefit Guaranty Corporation has issued a rule called: Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits.
The rule was published in the Federal Register on July 2 by Hilary Duke, Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation.
Summary: This final rule amends the Pension Benefit Guaranty Corporation's regulation on Allocation of Assets in Single-Employer Plans to prescribe the spreads component of the interest assumption under the asset allocation regulation for plans with valuation dates of July 31, 2025-October 30, 2025. These interest assumptions are used for valuing benefits under terminating single-employer plans and for other ...