The value of a lump sum benefit which is not covered under Sec. 4044.73 or Sec. 4044.74 is equal to--
(a) The value under the irrevocable commitment, if an insurer provides the benefit; or
(b) The present value of the benefit as of the date of distribution, determined using reasonable actuarial assumptions, if the benefit is to be distributed other than by the purchase of the benefit from an insurer. The PBGC reserves the right to review the actuarial assumptions as to reasonableness and re-value the benefit if the actuarial assumptions are unreasonable. [61 FR 34059, July 1, 1996, as amended at 76 FR 34606, June 14, 2011]
Sec. Appendix A to Part 4044--Mortality Rate Tables
The mortality tables in this appendix set forth for each age x the probability qX that an individual aged x (in 1994, when using Table 1 or Table 3) will not survive to attain age x + 1. The projection scales in this appendix set forth for each age x the annual reduction AAX in the mortality rate at age x.
Table 1--Mortality Table for Healthy Male Participants
[94 GAM basic]------------------------------------------------------------------------
Age x qX------------------------------------------------------------------------15......................................................... 0.00037116......................................................... 0.00042117......................................................... 0.00046318......................................................... 0.00049519......................................................... 0.00052120......................................................... 0.00054521......................................................... 0.00057022......................................................... 0.00059823......................................................... 0.00063324......................................................... 0.00067125......................................................... 0.00071126......................................................... 0.00074927......................................................... 0.00078228......................................................... 0.000811
29......................................................... 0.00083830......................................................... 0.00086231......................................................... 0.00088332......................................................... 0.00090233......................................................... 0.00091234......................................................... 0.00091335......................................................... 0.00091536......................................................... 0.00092737......................................................... 0.00095838......................................................... 0.00101039......................................................... 0.00107540......................................................... 0.00115341......................................................... 0.00124342......................................................... 0.00134643......................................................... 0.00145444......................................................... 0.00156845......................................................... 0.00169746......................................................... 0.00185247......................................................... 0.00204248......................................................... 0.00226049......................................................... 0.00250150......................................................... 0.00277351......................................................... 0.00308852......................................................... 0.00345553......................................................... 0.00385454......................................................... 0.00427855......................................................... 0.00475856......................................................... 0.00532257......................................................... 0.00600158......................................................... 0.00677459......................................................... 0.00762360......................................................... 0.00857661......................................................... 0.00966362......................................................... 0.01091163......................................................... 0.01233564......................................................... 0.01391465......................................................... 0.01562966......................................................... 0.01746267......................................................... 0.01939168......................................................... 0.02135469......................................................... 0.02336470......................................................... 0.02551671......................................................... 0.02790572......................................................... 0.03062573......................................................... 0.03354974......................................................... 0.03661475......................................................... 0.04001276......................................................... 0.04393377......................................................... 0.04857078......................................................... 0.05399179......................................................... 0.06006680......................................................... 0.06669681......................................................... 0.07378082......................................................... 0.08121783......................................................... 0.08872184......................................................... 0.09635885......................................................... 0.10455986......................................................... 0.11375587......................................................... 0.12437788......................................................... 0.13653789......................................................... 0.14994990......................................................... 0.16444291......................................................... 0.17984992......................................................... 0.19600193......................................................... 0.21332594......................................................... 0.23193695......................................................... 0.25118996......................................................... 0.27044197......................................................... 0.28904898......................................................... 0.30675099......................................................... 0.323976100........................................................ 0.341116101........................................................ 0.358560102........................................................ 0.376699103........................................................ 0.396884104........................................................ 0.418855105........................................................ 0.440585106........................................................ 0.460043107........................................................ 0.475200108........................................................ 0.485670109........................................................ 0.492807110........................................................ 0.497189111........................................................ 0.499394112........................................................ 0.500000113........................................................ 0.500000114........................................................ 0.500000115........................................................ 0.500000116........................................................ 0.500000117........................................................ 0.500000118........................................................ 0.500000119........................................................ 0.500000120........................................................ 1.000000------------------------------------------------------------------------
Table 2--Projection Scale AA for Healthy Male Participants------------------------------------------------------------------------
Age x AAX------------------------------------------------------------------------15............................................................ 0.01916............................................................ 0.01917............................................................ 0.01918............................................................ 0.01919............................................................ 0.01920............................................................ 0.01921............................................................ 0.01822............................................................ 0.01723............................................................ 0.01524............................................................ 0.01325............................................................ 0.01026............................................................ 0.00627............................................................ 0.00528............................................................ 0.00529............................................................ 0.00530............................................................ 0.00531............................................................ 0.00532............................................................ 0.00533............................................................ 0.00534............................................................ 0.00535............................................................ 0.00536............................................................ 0.00537............................................................ 0.00538............................................................ 0.00639............................................................ 0.00740............................................................ 0.00841............................................................ 0.00942............................................................ 0.01043............................................................ 0.01144............................................................ 0.01245............................................................ 0.01346............................................................ 0.01447............................................................ 0.01548............................................................ 0.01649............................................................ 0.01750............................................................ 0.01851............................................................ 0.01952............................................................ 0.02053............................................................ 0.02054............................................................ 0.020
55............................................................ 0.01956............................................................ 0.01857............................................................ 0.01758............................................................ 0.01659............................................................ 0.01660............................................................ 0.01661............................................................ 0.01562............................................................ 0.01563............................................................ 0.01464............................................................ 0.01465............................................................ 0.01466............................................................ 0.01367............................................................ 0.01368............................................................ 0.01469............................................................ 0.01470............................................................ 0.01571............................................................ 0.01572............................................................ 0.01573............................................................ 0.01574............................................................ 0.01575............................................................ 0.01476............................................................ 0.01477............................................................ 0.01378............................................................ 0.01279............................................................ 0.01180............................................................ 0.01081............................................................ 0.00982............................................................ 0.00883............................................................ 0.00884............................................................ 0.00785............................................................ 0.00786............................................................ 0.00787............................................................ 0.00688............................................................ 0.00589............................................................ 0.00590............................................................ 0.00491............................................................ 0.00492............................................................ 0.00393............................................................ 0.00394............................................................ 0.00395............................................................ 0.00296............................................................ 0.00297............................................................ 0.00298............................................................ 0.00199............................................................ 0.001100........................................................... 0.001101........................................................... 0.000102........................................................... 0.000103........................................................... 0.000104........................................................... 0.000105........................................................... 0.000106........................................................... 0.000107........................................................... 0.000108........................................................... 0.000109........................................................... 0.000110........................................................... 0.000111........................................................... 0.000112........................................................... 0.000113........................................................... 0.000114........................................................... 0.000115........................................................... 0.000116........................................................... 0.000117........................................................... 0.000118........................................................... 0.000119........................................................... 0.000120........................................................... 0.000------------------------------------------------------------------------
Table 3--Mortality Table for Healthy Female Participants
[94 GAM Basic]------------------------------------------------------------------------
Age x qX------------------------------------------------------------------------15......................................................... 0.00023316......................................................... 0.00026117......................................................... 0.00028118......................................................... 0.00029319......................................................... 0.00030120......................................................... 0.00030521......................................................... 0.00030822......................................................... 0.00031123......................................................... 0.00031324......................................................... 0.00031325......................................................... 0.00031326......................................................... 0.00031627......................................................... 0.00032428......................................................... 0.00033829......................................................... 0.00035630......................................................... 0.00037731......................................................... 0.00040132......................................................... 0.00042733......................................................... 0.00045434......................................................... 0.00048235......................................................... 0.00051436......................................................... 0.00055037......................................................... 0.00059338......................................................... 0.00064339......................................................... 0.00070140......................................................... 0.00076341......................................................... 0.00082642......................................................... 0.00088843......................................................... 0.00094344......................................................... 0.00099245......................................................... 0.00104646......................................................... 0.00111147......................................................... 0.00119648......................................................... 0.00129749......................................................... 0.00140850......................................................... 0.00153651......................................................... 0.00168652......................................................... 0.00186453......................................................... 0.00205154......................................................... 0.00224155......................................................... 0.00246656......................................................... 0.00275557......................................................... 0.00313958......................................................... 0.00361259......................................................... 0.00415460......................................................... 0.00477361......................................................... 0.00547662......................................................... 0.00627163......................................................... 0.00717964......................................................... 0.00819465......................................................... 0.00928666......................................................... 0.01042367......................................................... 0.01157468......................................................... 0.01264869......................................................... 0.01366570......................................................... 0.01476371......................................................... 0.01607972......................................................... 0.01774873......................................................... 0.01972474......................................................... 0.02191575......................................................... 0.02439376......................................................... 0.02723177......................................................... 0.03050178......................................................... 0.03411579......................................................... 0.03802480......................................................... 0.04236181......................................................... 0.04726082......................................................... 0.05285383......................................................... 0.05898684......................................................... 0.065569
85......................................................... 0.07283686......................................................... 0.08101887......................................................... 0.09034888......................................................... 0.10088289......................................................... 0.11246790......................................................... 0.12501691......................................................... 0.13844292......................................................... 0.15266093......................................................... 0.16766894......................................................... 0.18352495......................................................... 0.20022996......................................................... 0.21778397......................................................... 0.23618898......................................................... 0.25560599......................................................... 0.276035100........................................................ 0.297233101........................................................ 0.318956102........................................................ 0.340960103........................................................ 0.364586104........................................................ 0.389996105........................................................ 0.415180106........................................................ 0.438126107........................................................ 0.456824108........................................................ 0.471493109........................................................ 0.483473110........................................................ 0.492436111........................................................ 0.498054112........................................................ 0.500000113........................................................ 0.500000114........................................................ 0.500000115........................................................ 0.500000116........................................................ 0.500000117........................................................ 0.500000118........................................................ 0.500000119........................................................ 0.500000120........................................................ 1.000000------------------------------------------------------------------------
Table 4--Projection Scale AA for Healthy Female Participants------------------------------------------------------------------------
Age x AAX------------------------------------------------------------------------15............................................................ 0.01616............................................................ 0.01517............................................................ 0.01418............................................................ 0.01419............................................................ 0.01520............................................................ 0.01621............................................................ 0.01722............................................................ 0.01723............................................................ 0.01624............................................................ 0.01525............................................................ 0.01426............................................................ 0.01227............................................................ 0.01228............................................................ 0.01229............................................................ 0.01230............................................................ 0.01031............................................................ 0.00832............................................................ 0.00833............................................................ 0.00934............................................................ 0.01035............................................................ 0.01136............................................................ 0.01237............................................................ 0.01338............................................................ 0.01439............................................................ 0.01540............................................................ 0.01541............................................................ 0.01542............................................................ 0.01543............................................................ 0.01544............................................................ 0.01545............................................................ 0.01646............................................................ 0.01747............................................................ 0.01848............................................................ 0.01849............................................................ 0.01850............................................................ 0.01751............................................................ 0.01652............................................................ 0.01453............................................................ 0.01254............................................................ 0.01055............................................................ 0.00856............................................................ 0.00657............................................................ 0.00558............................................................ 0.00559............................................................ 0.00560............................................................ 0.00561............................................................ 0.00562............................................................ 0.00563............................................................ 0.00564............................................................ 0.00565............................................................ 0.00566............................................................ 0.00567............................................................ 0.00568............................................................ 0.00569............................................................ 0.00570............................................................ 0.00571............................................................ 0.00672............................................................ 0.00673............................................................ 0.00774............................................................ 0.00775............................................................ 0.00876............................................................ 0.00877............................................................ 0.00778............................................................ 0.00779............................................................ 0.00780............................................................ 0.00781............................................................ 0.00782............................................................ 0.00783............................................................ 0.00784............................................................ 0.00785............................................................ 0.00686............................................................ 0.00587............................................................ 0.00488............................................................ 0.00489............................................................ 0.00390............................................................ 0.00391............................................................ 0.00392............................................................ 0.00393............................................................ 0.00294............................................................ 0.00295............................................................ 0.00296............................................................ 0.00297............................................................ 0.00198............................................................ 0.00199............................................................ 0.001100........................................................... 0.001101........................................................... 0.000102........................................................... 0.000103........................................................... 0.000104........................................................... 0.000105........................................................... 0.000106........................................................... 0.000107........................................................... 0.000108........................................................... 0.000109........................................................... 0.000110........................................................... 0.000111........................................................... 0.000
112........................................................... 0.000113........................................................... 0.000114........................................................... 0.000115........................................................... 0.000116........................................................... 0.000117........................................................... 0.000118........................................................... 0.000119........................................................... 0.000120........................................................... 0.000------------------------------------------------------------------------
Table 5--Mortality Table for Social Security Disabled Male Participants------------------------------------------------------------------------
Age x qX------------------------------------------------------------------------15......................................................... 0.02201016......................................................... 0.02250217......................................................... 0.02300118......................................................... 0.02351919......................................................... 0.02404520......................................................... 0.02458321......................................................... 0.02513322......................................................... 0.02569723......................................................... 0.02626924......................................................... 0.02685725......................................................... 0.02745726......................................................... 0.02807127......................................................... 0.02870428......................................................... 0.02934529......................................................... 0.02999930......................................................... 0.03066131......................................................... 0.03133132......................................................... 0.03200633......................................................... 0.03268934......................................................... 0.03340535......................................................... 0.03418436......................................................... 0.03498137......................................................... 0.03579638......................................................... 0.03663439......................................................... 0.03749340......................................................... 0.03837341......................................................... 0.03927242......................................................... 0.04018943......................................................... 0.04112244......................................................... 0.04207145......................................................... 0.04303346......................................................... 0.04400747......................................................... 0.04499348......................................................... 0.04598949......................................................... 0.04699350......................................................... 0.04800451......................................................... 0.04902152......................................................... 0.05004253......................................................... 0.05106754......................................................... 0.05209355......................................................... 0.05312056......................................................... 0.05414457......................................................... 0.05508958......................................................... 0.05606859......................................................... 0.05708060......................................................... 0.05811861......................................................... 0.05917262......................................................... 0.06023263......................................................... 0.06130364......................................................... 0.06242965......................................................... 0.06366966......................................................... 0.06508267......................................................... 0.06672468......................................................... 0.06864269......................................................... 0.07083470......................................................... 0.07328471......................................................... 0.07597972......................................................... 0.07890373......................................................... 0.08207074......................................................... 0.08560675......................................................... 0.08891876......................................................... 0.09220877......................................................... 0.09562578......................................................... 0.09921679......................................................... 0.10303080......................................................... 0.10711381......................................................... 0.11151582......................................................... 0.11628383......................................................... 0.12146484......................................................... 0.12710885......................................................... 0.13326286......................................................... 0.13997487......................................................... 0.14729288......................................................... 0.15526589......................................................... 0.16393990......................................................... 0.17336391......................................................... 0.18358592......................................................... 0.19465393......................................................... 0.20661594......................................................... 0.21951995......................................................... 0.23408696......................................................... 0.24843697......................................................... 0.26395498......................................................... 0.28080399......................................................... 0.299154100........................................................ 0.319185101........................................................ 0.341086102........................................................ 0.365052103........................................................ 0.393102104........................................................ 0.427255105........................................................ 0.469531106........................................................ 0.521945107........................................................ 0.586518108........................................................ 0.665268109........................................................ 0.760215110........................................................ 1.000000------------------------------------------------------------------------
Table 6--Mortality Table for social Security Disabled Female
Participants------------------------------------------------------------------------
Age x qX------------------------------------------------------------------------15......................................................... 0.00777716......................................................... 0.00812017......................................................... 0.00847618......................................................... 0.00885219......................................................... 0.00924320......................................................... 0.00965021......................................................... 0.01007622......................................................... 0.01052123......................................................... 0.01098424......................................................... 0.01146825......................................................... 0.01197426......................................................... 0.01250227......................................................... 0.01305728......................................................... 0.01363229......................................................... 0.01422930......................................................... 0.01484331......................................................... 0.01547332......................................................... 0.01610333......................................................... 0.01660434......................................................... 0.01712135......................................................... 0.017654
36......................................................... 0.01820437......................................................... 0.01877038......................................................... 0.01935539......................................................... 0.01995740......................................................... 0.02057941......................................................... 0.02121942......................................................... 0.02188043......................................................... 0.02256144......................................................... 0.02326345......................................................... 0.02398846......................................................... 0.02473447......................................................... 0.02550448......................................................... 0.02629849......................................................... 0.02711750......................................................... 0.02796151......................................................... 0.02883252......................................................... 0.02973053......................................................... 0.03065554......................................................... 0.03160955......................................................... 0.03259456......................................................... 0.03360857......................................................... 0.03465558......................................................... 0.03573359......................................................... 0.03684660......................................................... 0.03799361......................................................... 0.03917662......................................................... 0.04039563......................................................... 0.04165364......................................................... 0.04295065......................................................... 0.04428766......................................................... 0.04566667......................................................... 0.04682868......................................................... 0.04807069......................................................... 0.04958470......................................................... 0.05133171......................................................... 0.05326872......................................................... 0.05535673......................................................... 0.05757374......................................................... 0.05997975......................................................... 0.06257476......................................................... 0.06548077......................................................... 0.06869078......................................................... 0.07223779......................................................... 0.07615680......................................................... 0.08048081......................................................... 0.08524382......................................................... 0.09048083......................................................... 0.09622484......................................................... 0.10250885......................................................... 0.10936886......................................................... 0.11683787......................................................... 0.12494888......................................................... 0.13373689......................................................... 0.14323490......................................................... 0.15347791......................................................... 0.16449892......................................................... 0.17633293......................................................... 0.18901194......................................................... 0.20257195......................................................... 0.21704596......................................................... 0.23246797......................................................... 0.24887098......................................................... 0.26628999......................................................... 0.284758100........................................................ 0.303433101........................................................ 0.327385102........................................................ 0.359020103........................................................ 0.395842104........................................................ 0.438360105........................................................ 0.487816106........................................................ 0.545886107........................................................ 0.614309108........................................................ 0.694884109........................................................ 0.789474110........................................................ 1.000000------------------------------------------------------------------------ [70 FR 72208, Dec. 2, 2005; 70 FR 73330, Dec. 9, 2005]
Appendix B to Part 4044--Interest Rates Used To Value Benefits [This table sets forth, for each indicated calendar month, the interest rates (denoted by i1, i2, . . ., and referred to generally as it) assumed to be in effect between specified anniversaries of a valuation date that occurs within that calendar month; those anniversaries are specified in the columns adjacent to the rates. The last listed rate is assumed to be in effect after the last listed anniversary date.] ----------------------------------------------------------------------------------------------------------------
The values of it are:
For valuation dates occurring in the month-- --------------------------------------------------
it for t= it for t= it for t=----------------------------------------------------------------------------------------------------------------November 1993................................................ .0560 1-25 .0525
Sec. Appendix C to Part 4044--Loading Assumptions ----------------------------------------------------------------------------------------------------------------If the total value of the plan's benefit liabilities (as defined in 29 U.S.C.
Sec. 1301(a)(16)), exclusive of the loading charge, is-------------------------------------------------------------------------------- The loading charge equals--
greater than but less than or equal to----------------------------------------------------------------------------------------------------------------$0............................................. $200,000 5% of the total value of the
plan's benefits, plus $200 for
each plan participant.
$200,000....................................... ............................ $10,000, plus a percentage of the
excess of the total value over
$200,000, plus $200 for each
plan participant; the percentage
is equal to 1%+[(P%-7.50%)/10],
where P% is the initial rate,
expressed as a percentage, set
forth in appendix B of this part
for the valuation of benefits.---------------------------------------------------------------------------------------------------------------- [61 FR 34059, July 1, 1996, as amended at 65 FR 14753, Mar. 17, 2000]
Sec. Appendix D to Part 4044--Tables Used To Determine Expected
Retirement Age
Table I-15--Selection of Retirement Rate Category
[For Plans with valuation dates after December 31, 2014, and before January 1, 2016]----------------------------------------------------------------------------------------------------------------
Participant's retirement rate category is--
---------------------------------------------------------------
Low \1\ if Medium \2\ if monthly benefit High \3\ if
If participant reaches URA in year-- monthly at URA is-- monthly
benefit at URA -------------------------------- benefit at URA
is less than-- is greater
From-- To-- than------------------------------------------------------------------------------------------------------------------2016............................................ 618 618 2,610 2,6102017............................................ 631 631 2,667 2,6672018............................................ 646 646 2,728 2,7282019............................................ 661 661 2,791 2,7912020............................................ 676 676 2,855 2,8552021............................................ 691 691 2,921 2,9212022............................................ 707 707 2,988 2,9882023............................................ 724 724 3,057 3,0572024............................................ 740 740 3,127 3,1272025 or later................................... 757 757 3,199 3,199----------------------------------------------------------------------------------------------------------------\1\ Table II-A.\2\ Table II-B.\3\ Table II-C. [79 FR 71019, Dec. 1, 2014]
Table II-A--Expected Retirement Ages for Individuals in the Low Category----------------------------------------------------------------------------------------------------------------
Unreduced retirement age
Participant's earliest retirement ----------------------------------------------------------------------------
age at valuation date. 60 61 62 63 64 65 66 67 68 69 70----------------------------------------------------------------------------------------------------------------42................................. 53 53 53 54 54 54 54 54 54 54 5443................................. 53 54 54 54 55 55 55 55 55 55 5544................................. 54 54 55 55 55 55 55 56 56 56 5645................................. 54 55 55 56 56 56 56 56 56 56 5646................................. 55 55 56 56 56 57 57 57 57 57 5747................................. 56 56 56 57 57 57 57 57 57 57 5748................................. 56 57 57 57 58 58 58 58 58 58 5849................................. 56 57 58 58 58 58 59 59 59 59 5950................................. 57 57 58 58 59 59 59 59 59 59 5951................................. 57 58 58 59 59 60 60 60 60 60 6052................................. 58 58 59 59 60 60 60 60 60 60 6053................................. 58 59 59 60 60 61 61 61 61 61 6154................................. 58 59 60 60 61 61 61 61 61 61 6155................................. 59 59 60 61 61 61 62 62 62 62 6256................................. 59 60 60 61 61 62 62 62 62 62 6257................................. 59 60 61 61 62 62 62 62 62 62 6258................................. 59 60 61 61 62 62 63 63 63 63 6359................................. 59 60 61 62 62 63 63 63 63 63 6360................................. 60 60 61 62 62 63 63 63 63 63 6361................................. ..... 61 61 62 63 63 63 63 64 64 6462................................. ..... ..... 62 62 63 63 63 64 64 64 6463................................. ..... ..... ..... 63 63 64 64 65 65 65 6564................................. ..... ..... ..... ..... 64 64 65 65 65 65 6565................................. ..... ..... ..... ..... ..... 65 65 65 65 65 65
66................................. ..... ..... ..... ..... ..... ..... 66 66 66 66 6667................................. ..... ..... ..... ..... ..... ..... ..... 67 67 67 6768................................. ..... ..... ..... ..... ..... ..... ..... ..... 68 68 6869................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... 69 6970................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... 70----------------------------------------------------------------------------------------------------------------
Table II-B--Expected Retirement Ages for Individuals in the Medium Category----------------------------------------------------------------------------------------------------------------
Unreduced retirement age
Participant's earliest retirement ----------------------------------------------------------------------------
age at valuation date 60 61 62 63 64 65 66 67 68 69 70----------------------------------------------------------------------------------------------------------------42................................. 49 49 49 49 49 49 49 49 49 49 4943................................. 50 50 50 50 50 50 50 50 50 50 5044................................. 50 51 51 51 51 51 51 51 51 51 5145................................. 51 51 52 52 52 52 52 52 52 52 5246................................. 52 52 52 53 53 53 53 53 53 53 5347................................. 53 53 53 53 53 54 54 54 54 54 5448................................. 54 54 54 54 54 54 54 54 54 54 5449................................. 54 55 55 55 55 55 55 55 55 55 5550................................. 55 55 56 56 56 56 56 56 56 56 5651................................. 56 56 56 57 57 57 57 57 57 57 5752................................. 56 57 57 57 57 58 58 58 58 58 5853................................. 57 57 58 58 58 58 58 58 58 58 5854................................. 57 58 58 59 59 59 59 59 59 59 5955................................. 58 58 59 59 59 60 60 60 60 60 6056................................. 58 59 59 60 60 60 60 60 60 60 6057................................. 59 59 60 60 61 61 61 61 61 61 6158................................. 59 60 60 61 61 61 61 61 61 61 6159................................. 59 60 61 61 62 62 62 62 62 62 6260................................. 60 60 61 62 62 62 62 62 62 62 6261................................. ..... 61 61 62 62 63 63 63 63 63 6362................................. ..... ..... 62 62 62 63 63 63 63 63 6363................................. ..... ..... ..... 63 63 64 64 64 64 64 6464................................. ..... ..... ..... ..... 64 64 64 64 64 64 6465................................. ..... ..... ..... ..... ..... 65 65 65 65 65 6566................................. ..... ..... ..... ..... ..... ..... 66 66 66 66 6667................................. ..... ..... ..... ..... ..... ..... ..... 67 67 67 6768................................. ..... ..... ..... ..... ..... ..... ..... ..... 68 68 6869................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... 69 6970................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... 70----------------------------------------------------------------------------------------------------------------
Table II-C--Expected Retirement Ages for Individuals in the High Category----------------------------------------------------------------------------------------------------------------
Unreduced retirement age
Participant's earliest retirement ----------------------------------------------------------------------------
age at valuation date. 60 61 62 63 64 65 66 67 68 69 70----------------------------------------------------------------------------------------------------------------42................................. 46 46 46 46 46 47 47 47 47 47 4743................................. 47 47 47 47 47 47 47 47 47 47 4744................................. 48 48 48 48 48 48 48 48 48 48 4845................................. 49 49 49 49 49 49 49 49 49 49 4946................................. 50 50 50 50 50 50 50 50 50 50 5047................................. 51 51 51 51 51 51 51 51 51 51 5148................................. 52 52 52 52 52 52 52 52 52 52 5249................................. 53 53 53 53 53 53 53 53 53 53 5350................................. 54 54 54 54 54 54 54 54 54 54 5451................................. 54 55 55 55 55 55 55 55 55 55 5552................................. 55 55 56 56 56 56 56 56 56 56 5653................................. 56 56 56 57 57 57 57 57 57 57 5754................................. 57 57 57 57 57 58 58 58 58 58 5855................................. 57 58 58 58 58 58 58 58 58 58 5856................................. 58 58 59 59 59 59 59 59 59 59 5957................................. 58 59 59 60 60 60 60 60 60 60 6058................................. 59 59 60 60 60 60 61 61 61 61 6159................................. 59 60 60 61 61 61 61 61 61 61 6160................................. 60 60 61 61 61 62 62 62 62 62 6261................................. ..... 61 61 62 62 62 62 62 62 62 6262................................. ..... ..... 62 62 62 62 62 62 62 62 62
63................................. ..... ..... ..... 63 63 63 64 64 64 64 6464................................. ..... ..... ..... ..... 64 64 64 64 64 64 6465................................. ..... ..... ..... ..... ..... 65 65 65 65 65 6566................................. ..... ..... ..... ..... ..... ..... 66 66 66 66 6667................................. ..... ..... ..... ..... ..... ..... ..... 67 67 67 6768................................. ..... ..... ..... ..... ..... ..... ..... ..... 68 68 6869................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... 69 6970................................. ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... 70---------------------------------------------------------------------------------------------------------------- [61 FR 34059, July 1, 1996; 61 FR 36626, July 12, 1996, as amended at 61 FR 65476, Dec. 13, 1996; 62 FR 65611, Dec. 15, 1997; 63 FR 63180, Nov. 12, 1998; 64 FR 67165, Dec. 1, 1999; 65 FR 75166, Dec. 1, 2000; 66 FR 59695, Nov. 30, 2001; 67 FR 71472, Dec. 2, 2002; 68 FR 67034, Dec. 1, 2003; 69 FR 69822, Dec. 1, 2004; 70 FR 72076, Dec. 1, 2005; 71 FR 69482, Dec. 1, 2006; 72 FR 67645, Nov. 30, 2007; 73 FR 72717, Dec. 1, 2008; 74 FR 62698, Dec. 1, 2009; 75 FR 74622, Dec. 1, 2010]