PBGC Tweaks Pension Interest Assumptions Again
Published Date: 7/2/2025
Rule
Summary
If you manage a single-employer pension plan, listen up! This new rule updates how we calculate interest rates for valuing benefits between July 31 and October 30, 2025. It helps make sure the money set aside matches what’s needed to pay out pensions accurately and on time.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
New interest spreads for pension valuations
If you manage or participate in a single-employer pension plan, this rule prescribes the "spreads" component of the interest assumption used to value benefits for plans with valuation dates between July 31, 2025 and October 30, 2025. These interest assumptions are used for valuing benefits under terminating single-employer plans and for other purposes, and they affect how much money the plan reports as needed to pay pensions.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-14627, Penalties for Failure To Provide Certain Notices or Other Material Information
The Pension Benefit Guaranty Corporation (PBGC) is proposing new rules to set clear penalties for pension plans that don’t send important notices or info on time. This affects pension plan managers who could face fines but might also get penalties waived in certain cases. Comments on these changes are open until September 21, 2026, so now’s the time to speak up!
2026-13639, Improvements to Rules on Recoupment of Benefit Overpayments
The Pension Benefit Guaranty Corporation is updating how it takes back money when it pays too much in benefits. Now, they'll recoup a flat 5% from a participant’s monthly benefit and won’t take money from surviving beneficiaries anymore. These changes affect people in single-employer plans and could make repayments simpler and fairer starting after the comment period ends on September 4, 2026.
2026-13124, Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits
Starting July 31, 2026, the Pension Benefit Guaranty Corporation (PBGC) is updating how it calculates interest rates used to value benefits in single-employer pension plans that are ending. This change affects plan sponsors and employers involved in these plans, helping make sure benefit values match current market conditions. If you’re involved with these plans, get ready for new numbers that could impact how much money is set aside or owed.
2026-12648, Submission of Information Collections for OMB Review; Comment Request; Direct Express Enrollment Form
The Pension Benefit Guaranty Corporation wants to keep collecting info to help people sign up for the Direct Express debit card, which lets federal benefit recipients get their money electronically. They’re asking for public feedback by July 24, 2026, to make sure everything’s clear and easy. This won’t cost anyone extra but helps keep benefits flowing smoothly and safely.
2026-12100, Technical Amendments: Special Financial Assistance
The Pension Benefit Guaranty Corporation is updating rules about special financial help for pension plans. These changes clarify how plans can invest the money, when PBGC approval is needed for certain claims, and remove a rule about using funds for health costs. Plan managers and employers should note these tweaks and send comments by August 17, 2026.
2026-10805, Submission of Information Collection for OMB Review; Comment Request; Liability for Termination of Single-Employer Plans
The Pension Benefit Guaranty Corporation (PBGC) wants to keep collecting info about who’s responsible when single-employer pension plans end. This affects companies and workers involved in these plans and helps make sure everyone knows their duties. You’ve got until June 29, 2026, to share your thoughts, and this process keeps things running smoothly without extra costs right now.
Previous / Next Documents
Previous: 2025-12312, Elimination of Supplementary Grant Regulation
The Economic Development Administration is scrapping confusing rules about extra investment help because the law already covers it. This change affects anyone applying for EDA grants and makes the process simpler and clearer. No new costs or deadlines—just a smoother ride starting now!
Next: 2025-12323, National Volatile Organic Compound Emission Standards for Aerosol Coatings: Interim Final Rule
The EPA is giving companies that make aerosol spray paints and coatings more time to meet new pollution rules by pushing the deadline from July 2025 to January 2027. This change helps businesses avoid rushing and possibly spending too much money while still working to keep our air clean. The EPA wants to hear what people think about this extra time before making it final.