2025-05531RuleWallet

Pension Plans Get New Interest Rate Tweaks for Valuations

Published Date: 4/3/2025

Rule

Summary

This rule updates how certain retirement plans figure out the value of their assets between April 30 and July 30, 2025. It affects single-employer pension plans that are ending and need to calculate what they owe to retirees. The changes help make sure the money numbers are fair and accurate during this time.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

New interest spreads for pension valuations

If your single-employer pension plan is terminating and has a valuation date between April 30, 2025 and July 30, 2025, this rule prescribes the "spreads" component of the interest assumption used to value plan assets and benefits. That changes the way plans calculate what they owe to retirees for those valuation dates.

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Key Dates

Published Date
Rule Effective
4/3/2025
4/30/2025

Department and Agencies

Department
Independent Agency
Agency
Pension Benefit Guaranty Corporation
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