The Pension Benefit Guaranty Corp. on Friday published new premiums following the passage in Congress of so-called pension-smoothing provisions in the Highway and Transportation Funding Act of 2014.
Beginning in 2015, single-employer plans that pay a per-participant flat premium will see an increase to $57 per participant, up from $49 in 2014.
The per-participant rate in multiemployer plans will increase to $13 per head, up from $12 in 2014.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
