PBGC has announced 2021 premium rates for single-employer and multiemployer plans. The rates for both types of plans are indexed to reflect inflation based on changes in the national average wage index (as issued by the Social Security Administration).
Download this FYI Alert as a printable PDF
Premium rates
The announced rates for 2021 and 2020 are shown in the following comparative tables.
Single-employer plan rates
| Year | Per-participant flat rate | Variable rate per $1,000 UVBs | Variable rate per-participant cap |
| 2021 | $86 | $46 | $582 |
| 2020 | $83 | $45 | $561 |
Multiemployer plan rates
|
Year |
Per-participant flat rate |
|
2021 |
$31 |
| 2020 |
$30 |
In closing
Our For Your Reference, a wallet-sized booklet showing retirement plan and other benefit limits and various Social Security and Medicare key figures, will be available shortly from your consultant.
Volume 43 | Issue 66