PBGC Releases Table on Present Value of Maximum Guarantee

The Pension Benefit Guarantee Corporation (PBGC) posted a table showing the applicable present value of the maximum PBGC guaranteed benefit for 2025 plan years. The present value is used for purposes of complying with Internal Revenue Code §436 benefit restrictions. PBGC has posted values that apply to benefits with annuity starting dates in 2025.

The 2025 table was developed using the 417(e) segment rates for August 2024 (4.50%, 4.96% and 5.40%, respectively) for plan years beginning in 2025 and the 417(e) applicable mortality table for 2025.