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PBGC Updates Maximum Monthly Guarantee Tables

December 02, 2011
The Pension Benefit Guaranty Corporation (PBGC) has updated the maximum monthly guarantee tables, which set the maximum guaranteed amounts that participants in a defined benefit pension plan may receive upon its termination. The maximum guaranteed amount is based, in part, on a participant?ÇÖs age on the plan termination date and whether the participant receives a straight-life annuity or 50 percent survivor annuity. The maximum guaranteed monthly benefit for 2012 is $4,653.41, increased from $4,500 for 2011. The maximum monthly guarantee tables can be found here.
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