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"Mutual Funds for the Utterly Confused" (McGraw-HIll, December 2008)
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PBGC Table for 2009
Here is a table (below) for 2009 outlining these benefits and the reduced payments should the PBGC need to step in.
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PBGC Maximum Monthly Guarantees for 2009*
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| Age |
2009 Straight-Life Annuity |
2009 Joint and 50% Survivor Annuity** |
| 65 |
$4,500.00 |
$4,050.00 |
| 64 |
$4,185.00 |
$3,766.50 |
| 63 |
$3,870.00 |
$3,483.00 |
| 62 |
$3,555.00 |
$3,199.50 |
| 61 |
$3,240.00 |
$2,916.00 |
| 60 |
$2,925.00 |
$2,632.50 |
| 59 |
$2,745.00 |
$2,470.50 |
| 58 |
$2,565.00 |
$2,308.50 |
| 57 |
$2,385.00 |
$2,146.50 |
| 56 |
$2,205.00 |
$1,984.50 |
| 55 |
$2,025.00 |
$1,822.50 |
| 54 |
$1,935.00 |
$1,741.50 |
| 53 |
$1,845.00 |
$1,660.50 |
| 52 |
$1,755.00 |
$1,579.50 |
| 51 |
$1,665.00 |
$1,498.50 |
| 50 |
$1,575.00 |
$1,417.50 |
| 49 |
$1,485.00 |
$1,336.50 |
| 48 |
$1,395.00 |
$1,255.50 |
| 47 |
$1,305.00 |
$1,174.50 |
| 46 |
$1,215.00 |
$1,093.50 |
| 45 |
$1,125.00 |
$1,012.50 |
| * Amounts shown ignore IRC Section 415 limits, which may reduce payable amounts |
| ** Assumes participant and spouse are same age |
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