PENSION BENEFIT GUARANTY CORPORATION ISSUES RULE: ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS; INTEREST ASSUMPTIONS FOR VALUING BENEFITS

WASHINGTON, Sept. 24 -- 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 Sept. 24 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 October 31, 2025-January 30, 2026. These interest assumptions are used for valuing benefits under terminating single-employer plans and for...