Pension Interest Rates
Many local companies with large pension programs including Basin Electric, West River Telephone and National Information Solutions Cooperative use GATT and/or PBGC interest rates to calculate lump sum distributions. The GATT rate is equal to the 30-year Treasury bond interest rate, while the PBGC rate is set by the Pension Benefit Guarantee Corporation. If you would like to discuss how changes in the rates affect your pension, please call our office.
*Due to recent changes implemented by the PBGC, it is important to understand which rate your company will use to calculate your pension. We will work with you and your employer to determine which rate is used in your plan.
| 2025 GATT Rates |
% |
|
|
| May |
4.90 |
|
|
| April |
4.71 |
|
|
| March |
4.6 |
|
|
| February |
4.68 |
|
|
| January |
4.85 |
|
|
| 2024 GATT Rates |
% |
|
|
| December |
4.54 |
|
|
| November |
4.58 |
|
|
| October |
4.38 |
|
|
| September |
4.04 |
|
|
| August |
4.15 |
|
|
| July |
4.46 |
|
|
| June |
4.44 |
|
|
| May |
4.62 |
|
|
| April |
4.66 |
|
|
| March |
4.36 |
|
|
| February |
4.38 |
|
|
| January |
4.26 |
|
|
| 2023 GATT Rates |
% |
|
|
| December |
4.14 |
|
|
| November |
4.66 |
|
|
| October |
4.95 |
|
|
| September |
4.47 |
|
|
| August |
4.28 |
|
|
| July |
3.96 |
|
|
| June |
3.87 |
|
|
| May |
3.86 |
|
|
| April |
3.68 |
|
|
| March |
3.77 |
|
|
| February |
3.80 |
|
|
| January |
3.66 |
|
|
| 2022 GATT Rates |
% |
|
|
| December |
3.66 |
|
|
| November |
4.00 |
|
|
| October |
4.04 |
|
|
| September |
3.56 |
|
|
| August |
3.13 |
|
|
| July |
3.10 |
|
|
| June |
3.24 |
|
|
| May |
3.06 |
|
|
| April |
2.81 |
|
|
| March |
2.41 |
|
|
| February |
2.25 |
|
|
| January |
2.10 |
|
|
| 2021 GATT Rates |
% |
|
|
| December |
1.85 |
|
|
| November |
1.94 |
|
|
| October |
2.06 |
|
|
| September |
1.94 |
|
|
| August |
1.92 |
|
|
| July |
1.94 |
|
|
| June |
2.16 |
|
|
| May |
2.32 |
|
|
| April |
2.3 |
|
|
| March |
2.34 |
|
|
| February |
2.04 |
|
|
| January |
1.82 |
|
|
| 2020 GATT Rates |
% |
2020 PBGC Rates |
% |
| December |
1.67 |
December |
.00 |
| November |
1.62 |
November |
.00 |
| October |
1.57 |
October |
.00 |
| September |
1.42 |
September |
.00 |
| August |
1.36 |
August |
.00 |
| July |
1.31 |
July |
.00 |
| June |
1.49 |
June |
.00 |
| May |
1.38 |
May |
.50 |
| April |
1.27 |
April |
.00 |
| March |
1.46 |
March |
.00 |
| February |
1.97 |
February |
.25 |
| January |
2.22 |
January |
.25 |
| 2019 GATT Rates |
% |
2019 PBGC Rates |
% |
| December |
2.30 |
December |
.25 |
| November |
2.28 |
November |
.25 |
| October |
2.19 |
October |
.00 |
| September |
2.16 |
September |
.50 |
| August |
2.12 |
August |
.50 |
| July |
2.57 |
July |
.75 |
| June |
2.57 |
June |
1.00 |
| May |
2.82 |
May |
1.00 |
| April |
2.94 |
April |
1.25 |
| March |
2.98 |
March |
1.25 |
| February |
3.02 |
February |
1.25 |
| January |
3.04 |
January |
1.50 |
| 2018 GATT Rates |
% |
2018 PBGC Rates |
% |
| December |
3.10 |
December |
1.50 |
| November |
3.36 |
November |
1.25 |
| October |
3.34 |
October |
1.25 |
| September |
3.15 |
September |
1.25 |
| August |
3.04 |
August |
1.25 |
| July |
3.01 |
July |
1.25 |
| June |
3.05 |
June |
1.25 |
| May |
3.13 |
May |
1.00 |
| April |
3.07 |
April |
1.00 |
| March |
3.09 |
March |
0.75 |
| February |
3.13 |
February |
0.75 |
| January |
2.88 |
January |
0.75 |
| 2017 GATT Rates |
% |
2017 PBGC Rates |
% |
| December |
2.77 |
December |
1.25 |
| November |
2.80 |
November |
0.75 |
| October |
2.88 |
October |
0.75 |
| September |
2.78 |
September |
1.00 |
| August |
2.80 |
August |
0.75 |
| July |
2.88 |
July |
1.00 |
| June |
2.80 |
June |
1.00 |
| May |
2.96 |
May |
1.00 |
| April |
2.94 |
April |
1.00 |
| March |
3.08 |
March |
1.25 |
| February |
3.03 |
February |
1.25 |
| January |
3.02 |
January |
1.25 |
| 2016 GATT Rates |
% |
2016 PBGC Rates |
% |
| December |
3.11 |
December |
0.75 |
| November |
2.86 |
November |
0.50 |
| October |
2.50 |
October |
0.50 |
| September |
2.35 |
September |
0.50 |
| August |
2.26 |
August |
0.50 |
| July |
2.23 |
July |
0.75 |
| June |
2.45 |
June |
0.75 |
| May |
2.63 |
May |
1.00 |
| April |
2.62 |
April |
1.00 |
| March |
2.68 |
March |
1.25 |
| February |
2.62 |
February |
1.25 |
| January |
2.97 |
January |
1.25 |
| 2015 GATT Rates |
% |
2015 PBGC Rates |
% |
| December |
2.97 |
December |
1.25 |
| November |
3.03 |
November |
1.25 |
| October |
2.89 |
October |
1.25 |
| September |
2.95 |
September |
1.25 |
| August |
2.86 |
August |
1.50 |
| July |
3.07 |
July |
1.25 |
| June |
3.11 |
June |
0.75 |
| May |
2.96 |
May |
0.75 |
| April |
2.59 |
April |
0.75 |
| March |
2.63 |
March |
0.50 |
| February |
2.57 |
February |
1.00 |
| January |
2.45 |
January |
1.00 |
| 2014 GATT Rates |
% |
2014 PBGC Rates |
% |
| December |
2.83 |
December |
1.00 |
| November |
3.04 |
November |
1.25 |
| October |
3.04 |
October |
1.00 |
| September |
3.26 |
September |
1.25 |
| August |
3.20 |
August |
1.25 |
| July |
3.33 |
July |
1.25 |
| June |
3.42 |
June |
1.25 |
| May |
3.39 |
May |
1.50 |
| April |
3.52 |
April |
1.50 |
| March |
3.62 |
March |
1.50 |
| February |
3.66 |
February |
1.75 |
| January |
3.77 |
January |
1.75 |
| 2013 GATT Rates |
% |
2013 PBGC Rates |
% |
| December |
3.89 |
December |
1.75 |
| November |
3.80 |
November |
1.75 |
| October |
3.68 |
October |
1.75 |
| September |
3.79 |
September |
1.50 |
| August |
3.76 |
August |
1.75 |
| July |
3.60 |
July |
1.25 |
| June |
3.40 |
June |
0.75 |
| May |
3.11 |
May |
1.00 |
| April |
2.93 |
April |
1.00 |
| March |
3.16 |
March |
1.00 |
| February |
3.17 |
February |
0.75 |
| January |
3.08 |
January |
0.75 |
| 2012 GATT Rates |
% |
2012 PBGC Rates |
% |
| December |
2.88 |
December |
0.75 |
| November |
2.80 |
November |
0.75 |
| October |
2.90 |
October |
0.75 |
| September |
2.88 |
September |
0.75 |
| August |
2.77 |
August |
1.00 |
| July |
2.59 |
July |
1.00 |
| June |
2.70 |
June |
1.25 |
| May |
2.93 |
May |
1.50 |
| April |
3.18 |
April |
1.25 |
| March |
3.28 |
March |
1.25 |
| February |
3.11 |
February |
1.25 |
| January |
3.03 |
January |
1.25 |
| 2011 GATT Rates |
% |
2011 PBGC Rates |
% |
| December |
2.98 |
December |
1.50 |
| November |
3.02 |
November |
1.50 |
| October |
3.13 |
October |
1.75 |
| September |
3.18 |
September |
2.25 |
| August |
3.65 |
August |
2.25 |
| July |
4.27 |
July |
2.25 |
| June |
4.23 |
June |
2.50 |
| May |
4.29 |
May |
2.50 |
| April |
4.50 |
April |
2.50 |
| March |
4.51 |
March |
2.50 |
| February |
4.65 |
February |
2.50 |
| January |
4.52 |
January |
2.25 |
| 2010 GATT Rates |
% |
2010 PBGC Rates |
% |
| December |
4.42 |
December |
2.25 |
| November |
4.19 |
November |
1.75 |
| October |
3.87 |
October |
1.75 |
| September |
3.77 |
September |
2.25 |
| August |
3.80 |
August |
2.25 |
| July |
3.99 |
July |
2.50 |
| June |
4.13 |
June |
2.75 |
| May |
4.29 |
May |
3.00 |
| April |
4.62 |
April |
2.75 |
| March |
4.31 |
March |
2.75 |
| February |
4.31 |
February |
2.75 |
| January |
4.31 |
January |
2.50 |
| 2009 GATT Rates |
% |
2009 PBGC Rates |
% |
| December |
4.31 |
December |
2.50 |
| November |
4.31 |
November |
2.25 |
| October |
4.19 |
October |
2.50 |
| September |
4.19 |
September |
3.00 |
| August |
4.37 |
August |
3.00 |
| July |
4.41 |
July |
3.75 |
| June |
4.52 |
June |
3.75 |
| May |
4.23 |
May |
3.50 |
| April |
3.76 |
April |
3.25 |
| March |
3.64 |
March |
3.25 |
| February |
3.59 |
February |
3.00 |
| January |
3.13 |
January |
4.00 |
| 2008 GATT Rates |
% |
2008 PBGC Rates |
% |
| December |
2.87 |
December |
4.75 |
| November |
4.00 |
November |
3.75 |
| October |
4.17 |
October |
3.25 |
| September |
4.27 |
September |
3.50 |
| August |
4.50 |
August |
3.25 |
| July |
4.57 |
July |
3.50 |
| June |
4.69 |
June |
3.25 |
| May |
4.60 |
May |
3.25 |
| April |
4.44 |
April |
3.25 |
| March |
4.39 |
March |
3.00 |
| February |
4.52 |
February |
3.25 |
| January |
4.33 |
January |
3.00 |
| 2007 GATT Rates |
% |
2007 PBGC Rates |
% |
| December |
4.53 |
December |
3.00 |
| November |
4.52 |
November |
3.25 |
| October |
4.77 |
October |
3.25 |
| September |
4.79 |
September |
3.25 |
Information comprised from www.irs.gov and http://www.pbgc.gov. Companies and websites listed are not affiliated with LPL Financial or North Point Financial Planners.
