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Rule2021-26234

Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets; Expected Retirement Age

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
December 3, 2021
Effective
January 1, 2022

Issuing agencies

Pension Benefit Guaranty Corporation

Abstract

This rule amends the Pension Benefit Guaranty Corporation's regulation on Allocation of Assets in Single-Employer Plans by substituting a new table for determining expected retirement ages for participants in pension plans undergoing distress or involuntary termination with valuation dates falling in 2022. This table is needed to compute the value of early retirement benefits and, thus, the total value of benefits under a plan.

Indexed from Federal Register on December 3, 2021.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.