PBGC Issues Final Rule Amending the Allocation of Assets for Single-Employer Pension Plans

The Pension Benefit Guaranty Corporation (PBGC) released a final rule to amend the 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 October 31, 2026 – January 30, 2027. The interest assumptions are used for valuing benefits under terminating single-employer plans and for other purposes.