PBGC payment caps

July 23, 2009

PBGC payment caps

BY JEWEL GOPWANI
FREE PRESS BUSINESS WRITER

PBGC payment caps
The government’s pension insurance agency, the PBGC, caps payments for retirees whose pensions have been transferred to the government. Here are some of the ages and payment caps.
Age Maximum
65 $54,000
64 $50,220
63 $46,440
62 $42,660
61 $38,880
60 $35,100
59 $32,940
58 $30,780
57 $28,620
56 $26,460
55 $24,300













 

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