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December 01, 2008 at 10:59 AM
The Pension Benefit Guaranty Corp. has released a 2009 retirement age table, the 2009 benefit payment maximum and a description of the 2009 flat premium rates.
The table can help administrators of single-employer plans that are being terminated apply asset allocation regulations, according to the PBGC.
In another final rule, dealing with the maximum pension benefit guarantee, the PBGC says the Social Security Administration benefit base to be used in 2009 maximum guarantee calculations is $79,200.
