PBGC issues 2014 table showing present value of maximum benefit guarantee

The Pension Benefit Guaranty Corporation (PBGC) has issued a table showing the present value of the PBGC’s maximum benefit guarantee for 2014. The present value of the maximum guarantee for purposes of Code Sec. 436(d)(3)(A)(ii) and ERISA §206(g)(3)(C)(i)(II) is changing for 2014. The table is based upon methodology that is set out in PBGC Technical Update 07-4.

Source: Notice of Present Value of PBGC Maximum Benefit Guarantee, November 6, 2013.

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer’s Benefits Reports.

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