# Federal Register #2026-21019

PBGC Final Rule Updating Interest-Rate Spreads for Pension Benefit Valuations

**Buyer:** Pension Benefit Guaranty Corporation
**Posted:** October 14, 2026
**Identifier:** 2026-21019

The Pension Benefit Guaranty Corporation (PBGC) issued a final rule revising interest-rate spreads used to value benefits in terminating single-employer pension plans.
- **Government buyer:** PBGC; no specific sub-agency or office is identified.
- **Regulatory update:** Revises the spread table used to determine the PBGC 4044 yield curve and updates spreads in the interest assumption for valuing benefits in terminating single-employer plans.
- **Other applicability:** The updated spreads also apply to certain other pension-related purposes.
- **Procurement status:** This is a regulatory action, not a request to buy products or services. No OEMs, vendors, products, quantities, or part numbers are identified.

### Description

This final rule amends the Pension Benefit Guaranty Corporation’s regulation on Allocation of Assets in Single-Employer Plans. It prescribes the spreads component of the interest assumption for plans with valuation dates from October 31, 2026, through January 30, 2027. The interest assumptions are used to value benefits under terminating single-employer plans and for other purposes. The rule is effective October 31, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/10/14/2026-21019/allocation-of-assets-in-single-employer-plans-interest-assumptions-for-valuing-benefits)