Source: https://www.federalregister.gov/documents/2001/11/15/01-28622/required-interest-rate-assumption-for-determining-variable-rate-premium-interest-assumptions-for
Timestamp: 2018-04-23 06:53:26
Document Index: 551796659

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 11/15/2001
The required interest rate for determining the variable-rate premium under part 4006 applies to premium payment years beginning in November 2001. The interest assumptions for performing multiemployer plan valuations following mass withdrawal under part 4281 apply to valuation dates occurring in December 2001.
https://www.federalregister.gov/d/01-28622 https://www.federalregister.gov/d/01-28622
The required interest rate to be used in determining variable-rate premiums for premium payment years beginning in November 2001 is 4.52 percent (i.e., 85 percent of the 5.32 percent yield figure for October 2001).
The following table lists the required interest rates to be used in determining variable-rate premiums for premium payment years beginning between December 2000 and November 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 December 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.
[FR Doc. 01-28622 Filed 11-14-01; 8:45 am]