GATT & PBGC RATES

Have you thought about taking your pension as a lump sum?  If so, then you will want to pay attention to the GATT rates & PGBC rates as they affect the amount of money you will receive.  Speak with one of our advisors about what this month's GATT/PBGC rate will mean for your retirement plan and how they can help assist you. 

What is the GATT rate?

The GATT rate is used as a standard for calculations of lump sum distribution from defined benefit plans.  

What is the PBGC rate?

The PBGC rate is the immediate interest rate for valuing lump sum payments for a given month.  

2019 GATT Rates	%
December
November
October
September
August
July
June
May
April	2.94%
March	2.98%
February	3.02%
January	3.04%

2018 GATT Rates	%
December	3.10%
November	3.36%
October	3.34%
September	3.15%
August	3.04%
July	3.01%
June	3.05%
May	3.13%
April	3.07%
March	3.09%
February	3.13%
January	2.88%

2017 GATT Rates	%
December	2.77%
November	2.80%
October	2.88%
September	2.78%
August	2.80%
July	2.88%
June	2.80%
May	2.96%
April	2.94%
March	3.08%
February	3.03%
January	3.02%

2016 GATT Rates	%
December	3.11%
November	2.86%
October	2.50%
September	2.35%
August	2.26%
July	2.23%
June	2.45%
May	2.63%
April	2.62%
March	2.68%
February	2.62%
January	2.86%

2019 PBGC Rates	%
December
November
October
September
August
July
June	1.00%
May	1.00%
April	1.25%
March	1.25%
February	1.25%
January	1.50%

2018 PBGC Rates	%
December	1.50%
November	1.50%
October	1.25%
September	1.25%
August	1.25%
July	1.25%
June	1.25%
May	1.25%
April	1.00%
March	1.00%
February	0.75%
January	0.75%

2017 PBGC Rates	%
December	0.75%
November	0.75%
October	0.75%
September	0.75%
August	1.00%
July	0.75%
June	1.00%
May	1.00%
April	1.00%
March	1.00%
February	1.00%
January	1.25%

2016 PBGC Rates	%
December	0.75%
November	0.50%
October	0.50%
September	0.50%
August	0.50%
July	0.50%
June	0.75%
May	0.75%
April	1.00%
March	1.00%
February	1.25%
January	1.25%

2015 GATT Rates	%
December	2.97%
November	3.03%
October	2.89%
September	2.95%
August	2.86%
July	3.07%
June	3.11%
May	2.96%
April	2.59%
March	2.63%
February	2.57%
January	3.46%

Source of Rates: IRS Official GATT Rate Information Tables (https://www.irs.gov/Retirement-Plans/Weighted-Average-Interest-Rate-Table)

2015 PBGC Rates	%
December	1.25%
November	1.25%
October	1.25%
September	1.25%
August	1.50%
July	1.25%
June	0.75%
May	0.75%
April	0.75%
March	0.50%
February	1.00%
January	1.00%

Source of Rates: PBGC.gov
http://www.pbgc.gov/prac/interest/monthly.html