Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits, 104425-104427 [2024-30459]
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Federal Register / Vol. 89, No. 246 / Monday, December 23, 2024 / Rules and Regulations
did not challenge the proposed penalty,
or the amount of tax to which the
proposed penalty is attributable.
Therefore, the penalty was
automatically calculated through
electronic means and written
supervisory approval was not required.
(f) Applicability date. The rules of this
section apply to penalties assessed on or
after December 23, 2024.
Douglas W. O’Donnell,
Deputy Commissioner.
Approved: December 2, 2024.
Aviva R. Aron-Dine,
Deputy Assistant Secretary of the Treasury
(Tax Policy).
[FR Doc. 2024–29074 Filed 12–20–24; 4:15 pm]
BILLING CODE 4830–01–P
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Part 4044
Allocation of Assets in SingleEmployer Plans; Interest Assumptions
for Valuing Benefits
Pension Benefit Guaranty
Corporation.
ACTION: Final rule.
AGENCY:
This final rule amends the
Pension Benefit Guaranty Corporation’s
regulation on Allocation of Assets in
Single-Employer Plans to prescribe the
spreads component of the interest
assumption under the asset allocation
regulation for plans with valuation dates
of January 31, 2025–April 29, 2025.
These interest assumptions are used for
valuing benefits under terminating
single-employer plans and for other
purposes.
SUMMARY:
DATES:
Effective January 31, 2025.
khammond on DSK9W7S144PROD with RULES
FOR FURTHER INFORMATION CONTACT:
Monica O’Donnell (odonnell.monica@
pbgc.gov), Attorney, Office of the
General Counsel, Pension Benefit
Guaranty Corporation, 445 12th Street
SW, Washington, DC 20024–2101, 202–
229–8706. If you are deaf or hard of
hearing, or have a speech disability,
please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: PBGC’s
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044) prescribes actuarial
assumptions—including an interest
assumption—for valuing benefits under
terminating single-employer plans
covered by title IV of the Employee
etirement Income Security Act of 1974
(ERISA). The interest assumption is also
VerDate Sep<11>2014
16:08 Dec 20, 2024
Jkt 265001
posted on PBGC’s website
(www.pbgc.gov).
PBGC uses the interest assumption in
§ 4044.54 to determine the present value
of annuities in an involuntary or
distress termination of a singleemployer plan under the asset
allocation regulation. The assumptions
in part 4044 of PBGC’s regulations are
also used in other situations where it is
appropriate for liabilities to align with
private sector group annuity prices. For
example, PBGC’s regulations on Notice,
Collection, and Redetermination of
Withdrawal Liability (29 CFR part 4219)
and Duties of Plan Sponsor Following
Mass Withdrawal (29 CFR part 4281)
provide that these assumptions are used
to value liabilities for purposes of
determining withdrawn employers’
reallocation liability in the event of a
mass withdrawal from a multiemployer
plan. Multiemployer plans that receive
special financial assistance under the
regulation on Special Financial
Assistance by PBGC (29 CFR part 4262)
must, as a condition of receiving special
financial assistance, use the interest
assumption to determine withdrawal
liability for a prescribed period.
Additionally, plan sponsors are required
to use some, or all of these assumptions
for specified purposes (e.g., reporting
benefit liabilities in filings required
under PBGC’s regulation on Annual
Financial and Actuarial Information
Reporting (29 CFR part 4010) or
determining certain amounts to transfer
to PBGC’s Missing Participants Program
on behalf of a missing participant of a
terminating defined benefit plan under
PBGC’s regulation on Missing
Participants (29 CFR part 4050)) and
may use them for other purposes (e.g.,
to ensure that plan spinoffs comply with
section 414(l) of the Internal Revenue
Code (the Code)).
On June 6, 2024, PBGC issued a final
rule at 89 FR 48291 that changes the
structure of the interest assumption for
valuation dates on or after July 31, 2024,
from the select and ultimate approach to
a yield curve approach. As described in
the June 6 final rule, this ‘‘4044 yield
curve,’’ is based on a blend of two
publicly available bond yield curves
that is adjusted to the extent necessary
so that the resulting liabilities align with
group annuity prices. The adjustments
are referred to as ‘‘spreads.’’ PBGC
determines and publishes spreads
quarterly based on survey data on
pricing of private-sector group
annuities. As noted in the preamble to
the June 6 rule, PBGC will post the 4044
yield curve on its website at
www.pbgc.gov each month shortly after
its underlying data become available. In
PO 00000
Frm 00059
Fmt 4700
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104425
addition, practitioners are able to
determine the 4044 yield curve as of the
end of any month using the publicly
available bond yield curves and the
spreads specified in the regulation.
This rule amends the regulation to
specify the spreads used to determine
the 4044 yield curve as of the last days
of January, February, and March of
2025, (i.e., the ‘‘first quarter 2025
spreads’’).
Need for Immediate Guidance
PBGC has determined that notice of,
and public comment on, this rule are
impracticable, unnecessary, and
contrary to the public interest. PBGC
routinely updates the spreads
component of the interest assumption in
the asset allocation regulation so that
the 4044 yield curve may be determined
as soon as the underlying bond yield
curves become available. These
amendments are merely technical; they
ensure that use of PBGC’s interest
assumption continues to yield liabilities
in line with group annuity prices.
Accordingly, PBGC finds that the public
interest is best served by issuing this
rule expeditiously, without an
opportunity for notice and comment,
and that good cause exists for making
the assumptions set forth in this
amendment effective less than 30 days
after publication.
PBGC has determined that this action
is not a ‘‘significant regulatory action’’
under the criteria set forth in Executive
Order 12866.
Because no general notice of proposed
rulemaking is required for this
amendment, the Regulatory Flexibility
Act of 1980 does not apply. See 5 U.S.C.
601(2).
List of Subjects in 29 CFR Part 4044
Employee benefit plans, Pension
insurance, Pensions.
In consideration of the foregoing, 29
CFR part 4044 is amended as follows:
PART 4044—ALLOCATION OF
ASSETS IN SINGLE-EMPLOYER
PLANS
1. The authority citation for part 4044
continues to read as follows:
■
Authority: 29 U.S.C. 1301(a), 1302(b)(3),
1341, 1344, 1362.
2. In § 4044.54, revise table 1 to
paragraph (e) to read as follows:
■
§ 4044.54
*
Interest assumptions.
*
*
(e) * * *
E:\FR\FM\23DER1.SGM
23DER1
*
*
104426
Federal Register / Vol. 89, No. 246 / Monday, December 23, 2024 / Rules and Regulations
TABLE 1 TO PARAGRAPH (e)—SPREADS
Third quarter
2024 spreads
(percent)
khammond on DSK9W7S144PROD with RULES
Maturity point
0.5 ..............................................................................................................................
1.0 ..............................................................................................................................
1.5 ..............................................................................................................................
2.0 ..............................................................................................................................
2.5 ..............................................................................................................................
3.0 ..............................................................................................................................
3.5 ..............................................................................................................................
4.0 ..............................................................................................................................
4.5 ..............................................................................................................................
5.0 ..............................................................................................................................
5.5 ..............................................................................................................................
6.0 ..............................................................................................................................
6.5 ..............................................................................................................................
7.0 ..............................................................................................................................
7.5 ..............................................................................................................................
8.0 ..............................................................................................................................
8.5 ..............................................................................................................................
9.0 ..............................................................................................................................
9.5 ..............................................................................................................................
10.0 ............................................................................................................................
10.5 ............................................................................................................................
11.0 ............................................................................................................................
11.5 ............................................................................................................................
12.0 ............................................................................................................................
12.5 ............................................................................................................................
13.0 ............................................................................................................................
13.5 ............................................................................................................................
14.0 ............................................................................................................................
14.5 ............................................................................................................................
15.0 ............................................................................................................................
15.5 ............................................................................................................................
16.0 ............................................................................................................................
16.5 ............................................................................................................................
17.0 ............................................................................................................................
17.5 ............................................................................................................................
18.0 ............................................................................................................................
18.5 ............................................................................................................................
19.0 ............................................................................................................................
19.5 ............................................................................................................................
20.0 ............................................................................................................................
20.5 ............................................................................................................................
21.0 ............................................................................................................................
21.5 ............................................................................................................................
22.0 ............................................................................................................................
22.5 ............................................................................................................................
23.0 ............................................................................................................................
23.5 ............................................................................................................................
24.0 ............................................................................................................................
24.5 ............................................................................................................................
25.0 ............................................................................................................................
25.5 ............................................................................................................................
26.0 ............................................................................................................................
26.5 ............................................................................................................................
27.0 ............................................................................................................................
27.5 ............................................................................................................................
28.0 ............................................................................................................................
28.5 ............................................................................................................................
29.0 ............................................................................................................................
29.5 ............................................................................................................................
30.0 ............................................................................................................................
VerDate Sep<11>2014
16:08 Dec 20, 2024
Jkt 265001
PO 00000
Frm 00060
Fmt 4700
Sfmt 4700
Fourth quarter
2024 spreads
(percent)
0.38
0.38
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.37
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.35
0.35
0.35
0.35
0.35
0.35
0.34
0.34
0.34
0.34
0.34
0.34
0.34
0.34
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
E:\FR\FM\23DER1.SGM
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.33
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
23DER1
First quarter
2025 spreads
(percent)
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.36
0.35
0.35
0.35
0.35
0.35
0.35
0.34
0.34
0.34
0.34
0.33
0.33
0.33
0.33
0.32
0.32
0.32
0.32
0.31
0.31
0.30
0.30
0.30
0.30
0.29
0.29
0.29
0.29
0.28
0.28
0.28
0.28
0.27
0.27
0.27
0.27
0.26
0.26
0.26
0.26
0.26
0.26
0.26
0.26
0.25
0.25
0.25
0.25
0.25
0.25
Federal Register / Vol. 89, No. 246 / Monday, December 23, 2024 / Rules and Regulations
Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
Background
[FR Doc. 2024–30459 Filed 12–20–24; 8:45 am]
BILLING CODE 7709–02–P
DEPARTMENT OF THE INTERIOR
National Park Service
36 CFR Part 7
[NPS–CHAT–DTS0039013; Docket No. NPS–
2024–0003; PPSEGUIS00
PPMPSAS1Z.Y00000]
RIN 1024–AE80
Chattahoochee River National
Recreation Area; Bicycling
National Park Service, Interior.
Final rule.
AGENCY:
ACTION:
The National Park Service
amends the special regulations for
Chattahoochee River National
Recreation Area to allow for bicycle use
on approximately 20.6 miles of trails.
DATES: This rule is effective January 22,
2025.
ADDRESSES:
Docket: The comments received on
the proposed rule are available on
https://www.regulations.gov in Docket
No. NPS–2024–0003.
Document Availability: The
Chattahoochee River National
Recreation Area Comprehensive Trails
Management Plan/Environmental
Assessment (CTMP/EA), Finding of No
Significant Impact (FONSI), and related
project documents provide information
and context for this rulemaking and are
available online at https://
parkplanning.nps.gov/chat by clicking
any of the links entitled
‘‘Comprehensive Trails Management
Plan’’ and then clicking the link entitled
‘‘Document List.’’
FOR FURTHER INFORMATION CONTACT: Beth
Wheeler, Chief of Planning, Resources
and Education, Chattahoochee River
National Recreation Area; (678) 538–
1321; beth_wheeler@nps.gov.
Individuals in the United States who are
deaf, deafblind, hard of hearing, or have
a speech disability may dial 711 (TTY,
TDD, or TeleBraille) to access
telecommunications relay services.
Individuals outside the United States
should use the relay services offered
within their country to make
international calls to the point-ofcontact in the United States.
SUPPLEMENTARY INFORMATION:
khammond on DSK9W7S144PROD with RULES
SUMMARY:
VerDate Sep<11>2014
16:08 Dec 20, 2024
Jkt 265001
Purpose and Management Authority for
the Recreation Area
The Chattahoochee River is one of the
oldest and most stable river channels in
North America. It begins as a tiny
stream in northern Georgia, passes
through the suburbs north of Atlanta,
and flows 430 miles to its confluence
with the Flint River at the Florida
border. In 1978, the United States
Congress established Chattahoochee
River National Recreation Area by
finding that the values of a 48-mile
segment of the river and its adjoining
lands in the State of Georgia, from
Buford Dam downstream to Peachtree
Creek, are of special national
significance and ‘‘should be preserved
and protected from developments and
uses which would substantially impair
or destroy them.’’ 16 U.S.C. 460ii.
Congress stated that the Recreational
Area shall consist of ‘‘the river and its
bed together with the lands, waters, and
interests therein.’’ 16 U.S.C. 460ii.
In 1984, Congress amended the
Recreation Area’s enabling legislation
by stating that the corridor located
within 2,000 feet of each bank along the
48-mile river segment was ‘‘an area of
national concern.’’ This amendment
increased the size of the Recreation Area
from 6,300 acres to 6,800 acres. A
subsequent amendment, passed in 1999,
expanded the authorized boundary of
the Recreation Area to include an
additional 3,200 acres and provided
funding to support the acquisition of
priority land-based linear corridors to
link existing units of the Recreation
Area and protect other open spaces of
the Chattahoochee River corridor.
The National Park Service (NPS)
manages the Recreational Area as a unit
of the National Park System. In addition
to the enabling legislation described
above, the NPS manages the Recreation
Area pursuant to the NPS Organic Act
of 1916, which gives the NPS broad
authority to regulate the use of the lands
and waters within System units. See 54
U.S.C. 100101; 100751(a).
Bicycle Use in the Recreation Area
The Recreation Area is located within
the Atlanta metropolitan area and is a
valuable outdoor recreation resource for
local residents as well as visitors from
the rest of the United States and around
the world. The Recreation Area’s 48mile stretch of river and 15 land units
provide an ecological oasis within a
densely populated region and contain
more than 950 species of plants and a
diverse assemblage of wildlife. Its green
space and extensive trail network offer
abundant opportunities for visitors to
PO 00000
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Fmt 4700
Sfmt 4700
104427
explore the riverbanks, historic sites,
rolling forests, grassy meadows, and
rocky bluffs. The clear, cold, and slowmoving river supports a variety of
water-based recreational activities such
as floating, paddling, rafting, boating,
wading, and fishing.
Bicycling is a popular form of
recreation in and around the Recreation
Area. Bicycles are allowed on roads and
in parking areas that are open to public
motor vehicle traffic; on an
administrative road in the Cochran
Shoals unit, the Fitness Loop, which
also serves as a part of the trail system;
and on a subset of trails. The total trail
system is extensive, containing
approximately 67 miles of designated
trails in 12 of the 15 land units in the
Recreation Area. Bicycle use occurs on
approximately 11.6 miles of multi-use
trails in the Vickery Creek, Gold Branch,
Cochran Shoals, and Palisades units.
Bicycle routes are designated in special
regulations for the Recreation Area at 36
CFR 7.90 and in the Superintendent’s
compendium, which is a written
compilation of designations, closures,
permit requirements and visitor use
restrictions imposed under the
discretionary authority of the
Superintendent, as required by 36 CFR
1.7(b). The Superintendent’s
compendium is available on the
Recreation Area’s website (https://
www.nps.gov/chat).
Electric bicycles, which are defined in
NPS regulations as two- or threewheeled cycles with fully operable
pedals and electric motors of not more
than 750 watts that meet the
requirements of one of three classes (36
CFR 1.4), are allowed in the Recreation
Area where traditional bicycles are
allowed.
Comprehensive Trails Management Plan
and Environmental Assessment
In March 2021, the NPS published
and sought public input on a
Preliminary Trails Management Plan to
help inform the development of the
CTMP/EA and guide the development of
a more cohesive trail system within the
Recreation Area. Following the public
scoping period, in April 2022, the NPS
published the CTMP/EA which analyzes
the potential environmental impacts of
no-action and action alternatives. Under
the action alternative, which is the
NPS’s preferred alternative, the total
mileage of designated trails available for
public use in the Recreation Area would
increase substantially, and the NPS
would improve the quality and
sustainability of the trails to better serve
visitors and achieve greater resource
stewardship. The NPS would add
approximately 32 miles of trails to the
E:\FR\FM\23DER1.SGM
23DER1
]]>Agencies
[Federal Register Volume 89, Number 246 (Monday, December 23, 2024)]
[Rules and Regulations]
[Pages 104425-104427]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-30459]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
29 CFR Part 4044
Allocation of Assets in Single-Employer Plans; Interest
Assumptions for Valuing Benefits
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This final rule amends the Pension Benefit Guaranty
Corporation's regulation on Allocation of Assets in Single-Employer
Plans to prescribe the spreads component of the interest assumption
under the asset allocation regulation for plans with valuation dates of
January 31, 2025-April 29, 2025. These interest assumptions are used
for valuing benefits under terminating single-employer plans and for
other purposes.
DATES: Effective January 31, 2025.
FOR FURTHER INFORMATION CONTACT: Monica O'Donnell
([email protected]), Attorney, Office of the General Counsel,
Pension Benefit Guaranty Corporation, 445 12th Street SW, Washington,
DC 20024-2101, 202-229-8706. If you are deaf or hard of hearing, or
have a speech disability, please dial 7-1-1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: PBGC's regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part 4044) prescribes actuarial
assumptions--including an interest assumption--for valuing benefits
under terminating single-employer plans covered by title IV of the
Employee etirement Income Security Act of 1974 (ERISA). The interest
assumption is also posted on PBGC's website (www.pbgc.gov).
PBGC uses the interest assumption in Sec. 4044.54 to determine the
present value of annuities in an involuntary or distress termination of
a single-employer plan under the asset allocation regulation. The
assumptions in part 4044 of PBGC's regulations are also used in other
situations where it is appropriate for liabilities to align with
private sector group annuity prices. For example, PBGC's regulations on
Notice, Collection, and Redetermination of Withdrawal Liability (29 CFR
part 4219) and Duties of Plan Sponsor Following Mass Withdrawal (29 CFR
part 4281) provide that these assumptions are used to value liabilities
for purposes of determining withdrawn employers' reallocation liability
in the event of a mass withdrawal from a multiemployer plan.
Multiemployer plans that receive special financial assistance under the
regulation on Special Financial Assistance by PBGC (29 CFR part 4262)
must, as a condition of receiving special financial assistance, use the
interest assumption to determine withdrawal liability for a prescribed
period. Additionally, plan sponsors are required to use some, or all of
these assumptions for specified purposes (e.g., reporting benefit
liabilities in filings required under PBGC's regulation on Annual
Financial and Actuarial Information Reporting (29 CFR part 4010) or
determining certain amounts to transfer to PBGC's Missing Participants
Program on behalf of a missing participant of a terminating defined
benefit plan under PBGC's regulation on Missing Participants (29 CFR
part 4050)) and may use them for other purposes (e.g., to ensure that
plan spinoffs comply with section 414(l) of the Internal Revenue Code
(the Code)).
On June 6, 2024, PBGC issued a final rule at 89 FR 48291 that
changes the structure of the interest assumption for valuation dates on
or after July 31, 2024, from the select and ultimate approach to a
yield curve approach. As described in the June 6 final rule, this
``4044 yield curve,'' is based on a blend of two publicly available
bond yield curves that is adjusted to the extent necessary so that the
resulting liabilities align with group annuity prices. The adjustments
are referred to as ``spreads.'' PBGC determines and publishes spreads
quarterly based on survey data on pricing of private-sector group
annuities. As noted in the preamble to the June 6 rule, PBGC will post
the 4044 yield curve on its website at www.pbgc.gov each month shortly
after its underlying data become available. In addition, practitioners
are able to determine the 4044 yield curve as of the end of any month
using the publicly available bond yield curves and the spreads
specified in the regulation.
This rule amends the regulation to specify the spreads used to
determine the 4044 yield curve as of the last days of January,
February, and March of 2025, (i.e., the ``first quarter 2025
spreads'').
Need for Immediate Guidance
PBGC has determined that notice of, and public comment on, this
rule are impracticable, unnecessary, and contrary to the public
interest. PBGC routinely updates the spreads component of the interest
assumption in the asset allocation regulation so that the 4044 yield
curve may be determined as soon as the underlying bond yield curves
become available. These amendments are merely technical; they ensure
that use of PBGC's interest assumption continues to yield liabilities
in line with group annuity prices. Accordingly, PBGC finds that the
public interest is best served by issuing this rule expeditiously,
without an opportunity for notice and comment, and that good cause
exists for making the assumptions set forth in this amendment effective
less than 30 days after publication.
PBGC has determined that this action is not a ``significant
regulatory action'' under the criteria set forth in Executive Order
12866.
Because no general notice of proposed rulemaking is required for
this amendment, the Regulatory Flexibility Act of 1980 does not apply.
See 5 U.S.C. 601(2).
List of Subjects in 29 CFR Part 4044
Employee benefit plans, Pension insurance, Pensions.
In consideration of the foregoing, 29 CFR part 4044 is amended as
follows:
PART 4044--ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS
0
1. The authority citation for part 4044 continues to read as follows:
Authority: 29 U.S.C. 1301(a), 1302(b)(3), 1341, 1344, 1362.
0
2. In Sec. 4044.54, revise table 1 to paragraph (e) to read as
follows:
Sec. 4044.54 Interest assumptions.
* * * * *
(e) * * *
[[Page 104426]]
Table 1 to Paragraph (e)--Spreads
----------------------------------------------------------------------------------------------------------------
Third quarter Fourth quarter First quarter
Maturity point 2024 spreads 2024 spreads 2025 spreads
(percent) (percent) (percent)
----------------------------------------------------------------------------------------------------------------
0.5.................................................... 0.38 0.33 0.36
1.0.................................................... 0.38 0.33 0.36
1.5.................................................... 0.37 0.33 0.36
2.0.................................................... 0.37 0.33 0.36
2.5.................................................... 0.37 0.33 0.36
3.0.................................................... 0.37 0.33 0.36
3.5.................................................... 0.37 0.33 0.36
4.0.................................................... 0.37 0.33 0.36
4.5.................................................... 0.37 0.33 0.36
5.0.................................................... 0.37 0.33 0.36
5.5.................................................... 0.37 0.32 0.35
6.0.................................................... 0.37 0.32 0.35
6.5.................................................... 0.37 0.32 0.35
7.0.................................................... 0.37 0.32 0.35
7.5.................................................... 0.37 0.32 0.35
8.0.................................................... 0.37 0.32 0.35
8.5.................................................... 0.37 0.32 0.34
9.0.................................................... 0.37 0.32 0.34
9.5.................................................... 0.36 0.32 0.34
10.0................................................... 0.36 0.32 0.34
10.5................................................... 0.36 0.32 0.33
11.0................................................... 0.36 0.32 0.33
11.5................................................... 0.36 0.32 0.33
12.0................................................... 0.36 0.32 0.33
12.5................................................... 0.36 0.32 0.32
13.0................................................... 0.36 0.32 0.32
13.5................................................... 0.35 0.31 0.32
14.0................................................... 0.35 0.31 0.32
14.5................................................... 0.35 0.31 0.31
15.0................................................... 0.35 0.31 0.31
15.5................................................... 0.35 0.31 0.30
16.0................................................... 0.35 0.31 0.30
16.5................................................... 0.34 0.31 0.30
17.0................................................... 0.34 0.31 0.30
17.5................................................... 0.34 0.31 0.29
18.0................................................... 0.34 0.31 0.29
18.5................................................... 0.34 0.31 0.29
19.0................................................... 0.34 0.31 0.29
19.5................................................... 0.34 0.30 0.28
20.0................................................... 0.34 0.30 0.28
20.5................................................... 0.33 0.30 0.28
21.0................................................... 0.33 0.30 0.28
21.5................................................... 0.33 0.30 0.27
22.0................................................... 0.33 0.30 0.27
22.5................................................... 0.33 0.30 0.27
23.0................................................... 0.33 0.30 0.27
23.5................................................... 0.33 0.30 0.26
24.0................................................... 0.33 0.30 0.26
24.5................................................... 0.33 0.30 0.26
25.0................................................... 0.33 0.30 0.26
25.5................................................... 0.33 0.30 0.26
26.0................................................... 0.33 0.30 0.26
26.5................................................... 0.32 0.30 0.26
27.0................................................... 0.32 0.30 0.26
27.5................................................... 0.32 0.30 0.25
28.0................................................... 0.32 0.30 0.25
28.5................................................... 0.32 0.30 0.25
29.0................................................... 0.32 0.30 0.25
29.5................................................... 0.32 0.30 0.25
30.0................................................... 0.32 0.30 0.25
----------------------------------------------------------------------------------------------------------------
[[Page 104427]]
Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit
Guaranty Corporation.
[FR Doc. 2024-30459 Filed 12-20-24; 8:45 am]
BILLING CODE 7709-02-P
