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PBGC RIN: 1212-AA55 Publication ID: Spring 1996 
Title: Amendments to Valuation of Plan Benefits 
Abstract: The Retirement Equity Act of 1984 ("REA") requires plans to provide certain benefits, prohibits the elimination of benefit options and certain early retirement benefits and retirement type subsidies, and mandates the range of interest rates that may be used in calculating the amount of a non-consensual lump sum benefit. The Tax Reform Act of 1986 ("TRA '86") slightly modified the interest rate restrictions and extended them to the calculation of all lump sum benefits. ^PThese rules necessitate several amendments to the PBGC's valuation of benefits regulation (29 CFR part 2619). The PBGC also plans to update its mortality tables and to amend the regulation to reflect changes made by the Single-Employer Pension Plan Amendments Act of 1986 (SEPPAA), the Pension Protection Act of 1987 (PPA), and the Retirement Protection Act of 1994 (RPA). 
Agency: Pension Benefit Guaranty Corporation(PBGC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
CFR Citation: 29 CFR 2619   
Legal Authority: 29 USC 1302(b)(3)    29 USC 1341   
Timetable:
Action Date FR Cite
NPRM  10/00/1996    
NPRM Comment Period End  12/00/1996    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
Peter H. Gould
Senior Counsel
Pension Benefit Guaranty Corporation
Office of the General Counsel, 1200 K Street NW,
Washington, DC 20005-4026
Phone:202 326-4020
TDD Phone:800 877-8339
Fax:202 326-4112