PBGC Guarantee Limit for Single-Employer Plans Increases for 2024

Published October 18, 2023

The Pension Benefit Guaranty Corporation (PBGC) announced that, as a result of the indexing rules provided in ERISA, the guarantee limits for single‑employer plans that fail in 2024 will be 5.30% higher than the limits applied for 2023. A table showing the single-employer plan guarantee limits for various ages and payment forms is available on the PBGC's website.

The guarantee limits for multiemployer plans are not indexed and therefore have not changed.