['Retirement Benefits']
['Pension Benefits Guaranty Corporation (PBGC)']
09/08/2024
...
[Editor’s Note: This appendix is removed effective July 8, 2024.]
If the total value of the plan's benefit liabilities (as defined in 29 U.S.C. §1301(a)(16)), exclusive of the loading charge, is— | ||
greater than | but less than or equal to | The loading charge equals— |
$0 | $200,000 | 5% of the total value of the plan's benefits, plus $200 for each plan participant. |
$200,000 | $10,000, plus a percentage of the excess of the total value over $200,000, plus $200 for each plan participant; the percentage is equal to 1%+[(P%−7.50%)/10], where P% is the initial rate, expressed as a percentage, set forth in appendix B of this part for the valuation of benefits. |
[61 FR 34059, July 1, 1996, as amended at 65 FR 14753, March 17, 2000; 89 FR 48308, June 6, 2024]
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