By Pension and Benefits Editorial Staff
The Pension Benefit Guaranty Corporation (PBGC) has issued a table showing the present value of the PBGC’s maximum benefit guarantee for 2020. 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 2020. The table is based upon methodology that is set out in PBGC Technical Update 07-4 (Pension Plan Guide ¶19,975Z-17).
Source: PBGC 2020 Present Value of PBGC Maximum Guarantee Table.
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