NorthPoint Financial Planners

Financial Planning & Financial Services for North Dakota

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GATT/PBGC Rates

NRECA/NTCA 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.

2022 GATT Rates %
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.

1930 Burnt Boat Dr, Suite A
Bismarck, ND 58503

701-258-4885 office
701-751-3437 fax

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Securities offered through LPL Financial, Member FINRA / SIPC. Investment advice offered through Independent Advisor Alliance, a registered investment adviser. Independent Advisor Alliance, and North Point Financial Planners, are separate entities from LPL Financial.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: ND, MN, NM, CO, AZ, OH, FL, TX, and SD.