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What is the maximum benefit amount that the PBGC can guarantee?

benefit guarantee maximum pbgc
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What is the maximum benefit amount that the PBGC can guarantee?

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PBGC Spokesperson: The maximum benefit the PBGC can guarantee is set by law and linked to the year in which your plan ended. You may lose some of the benefits you were counting on if the promised amount exceeds the limits set by Congress. The maximum is based on your age at the date you began receiving benefits from us. This guarantee amount is lower if you begin receiving payments from the PBGC before age 65 or if your pension includes benefits for a survivor or beneficiary. The guarantee amount may be higher if you are over 65 when you begin receiving benefits. Please visit our Web site at pbgc.gov for a table that shows the PBGC’s maximum guarantee for retirement at various ages.

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