Source: https://www.federalregister.gov/documents/2001/03/15/01-6487/interest-assumption-for-determining-variable-rate-premium-interest-assumptions-for-multiemployer
Timestamp: 2018-04-24 14:56:48
Document Index: 206563023

Matched Legal Cases: ['art 4006', 'art 4281', 'art 4281', 'art 4044', 'art 4044', 'art 4044', 'art 4044']

A Notice by the Pension Benefit Guaranty Corporation on 03/15/2001
The interest rate for determining the variable-rate premium under part 4006 applies to premium payment years beginning in March 2001. The interest assumptions for performing multiemployer plan valuations following mass withdrawal under part 4281 apply to valuation dates occurring in April 2001.
66 FR 15149
01-6487
https://www.federalregister.gov/d/01-6487 https://www.federalregister.gov/d/01-6487
The assumed interest rate to be used in determining variable-rate premiums for premium payment years beginning in March 2001 is 4.63 percent (i.e., 85 percent of the 5.45 percent yield figure for February 2001).
The following table lists the assumed interest rates to be used in determining variable-rate premiums for premium payment years beginning between April 2000 and March 2001.
The PBGC's regulation on Duties of Plan Sponsor Following Mass Withdrawal (29 CFR part 4281) prescribes the use of interest assumptions under the PBGC's regulation on Allocation of Assets in Single-employer Plans (29 CFR part 4044). The interest assumptions applicable to valuation dates in April 2001 under part 4044 are contained in an amendment to part 4044 published elsewhere in today's Federal Register. Tables showing the assumptions applicable to prior periods are codified in appendix B to 29 CFR part 4044.
Issued in Washington, DC, on this 12th day of March 2001.
[FR Doc. 01-6487 Filed 3-14-01; 8:45 am]