Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 29 - Labor |
Subtitle B - Regulations Relating to Labor |
Chapter XL - Pension Benefit Guaranty Corporation |
SubChapter C - Certain Reporting and Disclosure Requirements |
Part 4011 - DISCLOSURE TO PARTICIPANTS |
Appendix B to Part 4011 - Table of Maximum Guaranteed Benefits
Latest version.
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If a plan terminates in— The maximum guaranteed benefit for an individual starting to receive benefits at the age listed below is the amount (monthly or annual) listed below: Age 65 Monthly Annual Age 62 Monthly Annual Age 60 Monthly Annual Age 55 Monthly Annual 1995 $2,573.86 $30,886.32 $2,033.35 $24,400.20 $1,673.01 $20,076.12 $1,158.24 $13,898.88 1996 $2,642.05 $31,704.60 $2,087.22 $25,046.64 $1,717.33 $20,607.96 $1,188.92 $14,267.04 1997 $2,761.36 $33,136.32 $2,181.47 $26,177.64 $1,794.88 $21,538.56 $1,242.61 $14,911.32 1998 $2,880.68 $34,568.16 $2,275.74 $27,308.88 $1,872.44 $22,469.28 $1,296.31 $15,555.72 1999 $3,051.14 $36,613.68 $2,410.40 $28,924.80 $1,983.24 $23,798.88 $1,373.01 $16,476.12 2000 $3,221.59 $38,659.08 $2,545.06 $30,540.72 $2,094.03 $25,128.36 $1,449.72 $17,396.64 2001 $3,392.05 $40,704.60 $2,679.72 $32,156.64 $2,204.83 $26,457.96 $1,526.42 $18,317.04 2002 $3,579.55 $42,954.60 $2,827.84 $33,934.08 $2,326.71 $27,920.52 $1,610.80 $19,329.60 2003 $3,664.77 $43,977.24 $2,895.17 $34,742.04 $2,382.10 $28,585.20 $1,649.15 $19,789.80 2004 $3,698.86 $44,386.32 $2,922.10 $35,065.20 $2,404.26 $28,851.12 $1,664.49 $19,973.88 2005 $3,801.14 $45,613.68 $3,002.90 $36,034.80 $2,470.74 $29,648.88 $1,710.51 $20,526.12 2006 $3,971.59 $47,659.08 $3,137.56 $37,650.72 $2,581.53 $30,978.36 $1,787.22 $21,446.64 The maximum guaranteed benefit for an individual starting to receive benefits at ages other than those listed above can be determined by applying the PBGC's regulation on computation of maximum guaranteeable benefits (29 CFR 4022.22).