Join Early Retirement Today
Thread Tools Search this Thread Display Modes
PBGC Announces Maximum Insurance Benefit for 2008
Old 11-17-2007, 11:01 AM   #1
Recycles dryer sheets
template's Avatar
Join Date: Aug 2005
Posts: 183
PBGC Announces Maximum Insurance Benefit for 2008

The US government's Pension Benefit Guaranty Corp (PBGC) can help replace the pensions of retirees whose former employer goes bankrupt or whose pension funds become underfunded. Each year, the PBGC updates the amount of money they will cover based on your age.

PBGC Announces Maximum Insurance Benefit for 2008

see full announcement here.


October 30, 2007

PBGC Public Affairs

PBGC Announces Maximum Insurance Benefit for 2008

"WASHINGTON—The Pension Benefit Guaranty Corporation (PBGC) today announced that the maximum insurance benefit for participants in underfunded pension plans terminating in 2008 is $51,750 per year for those who retire at age 65, up from $49,500 for 2007. The amount is higher for those who retire later and lower for those who retire earlier or elect survivor benefits (see chart) ...."
Retired in 2001 at age 49.
template is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Recession in 2008 ? pedorrero FIRE and Money 47 08-21-2018 12:47 PM
Maximum $$$ Saved in any given year Canadian Girl FIRE and Money 21 07-31-2006 10:58 AM
maximum withdrawal oisif FIRE and Money 4 08-27-2005 07:07 PM
What is the maximum *possible tax rate on SS benef amt FIRE and Money 12 10-18-2004 08:02 AM
Should You Have The Maximum # of.... Tommy_Dolitte FIRE and Money 1 08-30-2004 07:52 PM

» Quick Links

All times are GMT -6. The time now is 04:36 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.