PBGC Updates Retirement Age Tables for Distress or Involuntary Terminations

The PBGC recently published a final rule that contains a new table for determining expected retirement ages; the table is used to compute the value of benefits for participants in pension plans undergoing distress or involuntary terminations. The new table applies to any plan being terminated by the PBGC with a valuation date falling in 2016. The final rule can be found?áhere.