29 C.F.R. § B to Part 4044

Current through October 31, 2024

Appendix B to Part 4044 - Interest Rates Used To Value Benefits

[This table sets forth, for each indicated calendar month, the interest rates (denoted by i₁, i₂, . . ., and referred to generally as i_t) assumed to be in effect between specified anniversaries of a valuation date that occurs within that calendar month; those anniversaries are specified in the columns adjacent to the rates. The last listed rate is assumed to be in effect after the last listed anniversary date.]

For valuation dates occurring in the month-	The values of i_t are:
For valuation dates occurring in the month-	i_t	for t=	i_t	for t=	i_t	for t=
November 1993	.0560	1-25	.0525	[GREATER THAN]	N/A	N/A
December 1993	.0560	1-25	.0525	[GREATER THAN]25	N/A	N/A
January 1994	.0590	1-25	.0525	[GREATER THAN]25	N/A	N/A
February 1994	.0590	1-25	.0525	[GREATER THAN]25	N/A	N/A
March 1994	.0580	1-25	.0525	[GREATER THAN]25	N/A	N/A
April 1994	.0620	1-25	.0525	[GREATER THAN]25	N/A	N/A
May 1994	.0650	1-25	.0525	[GREATER THAN]25	N/A	N/A
June 1994	.0670	1-25	.0525	[GREATER THAN]25	N/A	N/A
July 1994	.0690	1-25	.0525	[GREATER THAN]25	N/A	N/A
August 1994	.0700	1-25	.0525	[GREATER THAN]25	N/A	N/A
September 1994	.0690	1-25	.0525	[GREATER THAN]25	N/A	N/A
October 1994	.0700	1-25	.0525	[GREATER THAN]25	N/A	N/A
November 1994	.0730	1-25	.0525	[GREATER THAN]25	N/A	N/A
December 1994	.0750	1-25	.0525	[GREATER THAN]25	N/A	N/A
January 1995	.0750	1-20	.0575	[GREATER THAN]20	N/A	N/A
February 1995	.0730	1-20	.0575	[GREATER THAN]20	N/A	N/A
March 1995	.0730	1-20	.0575	[GREATER THAN]20	N/A	N/A
April 1995	.0710	1-20	.0575	[GREATER THAN]20	N/A	N/A
May 1995	.0690	1-20	.0575	[GREATER THAN]20	N/A	N/A
June 1995	.0680	1-20	.0575	[GREATER THAN]20	N/A	N/A
July 1995	.0630	1-20	.0575	[GREATER THAN]20	N/A	N/A
August 1995	.0620	1-20	.0575	[GREATER THAN]20	N/A	N/A
September 1995	.0640	1-20	.0575	[GREATER THAN]20	N/A	N/A
October 1995	.0630	1-20	.0575	[GREATER THAN]20	N/A	N/A
November 1995	.0620	1-20	.0575	[GREATER THAN]20	N/A	N/A
December 1995	.0600	1-20	.0575	[GREATER THAN]20	N/A	N/A
January 1996	.0560	1-20	.0475	[GREATER THAN]20	N/A	N/A
February 1996	.0540	1-20	.0475	[GREATER THAN]20	N/A	N/A
March 1996	.0550	1-20	.0475	[GREATER THAN]20	N/A	N/A
April 1996	.0580	1-20	.0475	[GREATER THAN]20	N/A	N/A
May 1996	.0600	1-20	.0475	[GREATER THAN]20	N/A	N/A
June 1996	.0620	1-20	.0475	[GREATER THAN]20	N/A	N/A
July 2006	.0630	1-20	.0475	[GREATER THAN]20	N/A	N/A
August 1996	.0630	1-20	.0475	[GREATER THAN]20	N/A	N/A
September 1996	.0630	1-20	.0475	[GREATER THAN]20	N/A	N/A
October 1996	.0630	1-20	.0475	[GREATER THAN]20	N/A	N/A
November 1996	.0620	1-20	.0475	[GREATER THAN]20	N/A	N/A
December 1996	.0600	1-20	.0475	[GREATER THAN]20	N/A	N/A
January 1997	.0580	1-25	.0500	[GREATER THAN]25	N/A	N/A
February 1997	.0590	1-25	.0500	[GREATER THAN]25	N/A	N/A
March 1997	.0620	1-25	.0500	[GREATER THAN]25	N/A	N/A
April 1997	.0610	1-25	.0500	[GREATER THAN]25	N/A	N/A
May 1997	.0630	1-25	.0500	[GREATER THAN]25	N/A	N/A
June 1997	.0640	1-25	.0500	[GREATER THAN]25	N/A	N/A
July 1997	.0630	1-25	.0500	[GREATER THAN]25	N/A	N/A
August 1997	.0610	1-25	.0500	[GREATER THAN]25	N/A	N/A
September 1997	.0570	1-25	.0500	[GREATER THAN]25	N/A	N/A
October 1997	.0590	1-25	.0500	[GREATER THAN]25	N/A	N/A
November 1997	.0570	1-25	.0500	[GREATER THAN]25	N/A	N/A
December 1997	.0560	1-25	.0500	[GREATER THAN]25	N/A	N/A
January 1998	.0560	1-25	.0525	[GREATER THAN]25	N/A	N/A
February 1998	.0550	1-25	.0525	[GREATER THAN]25	N/A	N/A
March 1998	.0550	1-25	.0525	[GREATER THAN]25	N/A	N/A
April 1998	.0550	1-25	.0525	[GREATER THAN]25	N/A	N/A
May 1998	.0560	1-25	.0525	[GREATER THAN]25	N/A	N/A
June 1998	.0560	1-25	.0525	[GREATER THAN]25	N/A	N/A
July 1998	.0550	1-25	.0525	[GREATER THAN]25	N/A	N/A
August 1998	.0540	1-25	.0525	[GREATER THAN]25	N/A	N/A
September 1998	.0540	1-25	.0525	[GREATER THAN]25	N/A	N/A
October 1998	.0540	1-25	.0525	[GREATER THAN]25	N/A	N/A
November 1998	.0530	1-25	.0525	[GREATER THAN]25	N/A	N/A
December 1998	.0540	1-25	.0525	[GREATER THAN]25	N/A	N/A
January 1999	.0530	1-20	.0525	[GREATER THAN]20	N/A	N/A
February 1999	.0540	1-20	.0525	[GREATER THAN]20	N/A	N/A
March 1999	.0530	1-20	.0525	[GREATER THAN]20	N/A	N/A
April 1999	.0560	1-20	.0525	[GREATER THAN]20	N/A	N/A
May 1999	.0570	1-20	.0525	[GREATER THAN]20	N/A	N/A
June 1999	.0570	1-20	.0525	[GREATER THAN]20	N/A	N/A
July 1999	.0600	1-20	.0525	[GREATER THAN]20	N/A	N/A
August 1999	.0630	1-20	.0525	[GREATER THAN]20	N/A	N/A
September 1999	.0630	1-20	.0525	[GREATER THAN]20	N/A	N/A
October 1999	.0630	1-20	.0525	[GREATER THAN]20	N/A	N/A
November 1999	.0630	1-20	.0525	[GREATER THAN]20	N/A	N/A
December 1999	.0650	1-20	.0525	[GREATER THAN]20	N/A	N/A
January 2000	.0690	1-25	.0625	[GREATER THAN]25	N/A	N/A
February 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A
March 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A.
April 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A
May 2000	.0700	1-25	.0625	[GREATER THAN]25	N/A	N/A
June 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A
July 2000	.0740	1-25	0625	[GREATER THAN]25	N/A	N/A
August 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A
September 2000	.070	1-25	.0625	25	N/A	N/A
October 2000	.0700	1-25	.0625	[GREATER THAN]25	N/A	N/A
November 2000	.0710	1-25	.0625	[GREATER THAN]25	N/A	N/A
December 2000	.0700	1-25	.0625	[GREATER THAN]25	N/A	N/A
January 2001	.0670	1-20	.0625	[GREATER THAN]20	N/A	N/A
February 2001	.0650	1-20	.0625	[GREATER THAN]20	N/A	N/A
March 2001	.0640	1-20	.0625	[GREATER THAN]20	N/A	N/A
April 2001	.0640	1-20	.0625	[GREATER THAN]20	N/A	N/A
May 2001	.0640	1-20	.0625	[GREATER THAN]20	N/A	N/A
June 2001	.0660	1-20	.0625	[GREATER THAN]20	N/A	N/A
July 2001	.0660	1-20	.0625	[GREATER THAN]20	N/A	N/A
August 2001	.0640	1-20	.0625	[GREATER THAN]20	N/A	N/A
September 2001	.0630	1-20	.0625	[GREATER THAN]20	N/A	N/A
October 2001	.0610	1-20	.0625	[GREATER THAN]20	N/A	N/A
November 2001	.0650	1-20	.0625	[GREATER THAN]20	N/A	N/A
December 2001	.0610	1-20	.0625	[GREATER THAN]20	N/A	N/A
January 2002	.0580	1-25	.0425	[GREATER THAN]25	N/A	N/A
February 2002	.0580	1-25	.0425	[GREATER THAN]25	N/A	N/A
March 2002	.0560	1-25	.0425	[GREATER THAN]25	N/A	N/A
April 2002	.0550	1-25	.0425	[GREATER THAN]25	N/A	N/A
May 2002	.0590	1-25	.0425	[GREATER THAN]25	N/A	N/A
June 2002	.0570	1-25	.0425	[GREATER THAN]25	N/A	N/A
July 2002	.0570	1-25	.0425	[GREATER THAN]25	N/A	N/A
August 2002	.0550	1-25	.0425	[GREATER THAN]25	N/A	N/A
September 2002	.0540	1-25	.0425	25	N/A	N/A
October 2002	.0530	1-25	.0425	[GREATER THAN]25	N/A	N/A
November 2002	.0500	1-25	.0425	[GREATER THAN]25	N/A	N/A
December 2002	.0530	1-25	.0425	[GREATER THAN]25	N/A	N/A
January 2003	.0530	1-20	.0525	[GREATER THAN]20	N/A	N/A
February 2003	.0510	1-20	.0525	[GREATER THAN]20	N/A	N/A
March 2003	.0510	1-20	.0525	[GREATER THAN]20	N/A	N/A
April 2003	.0490	1-20	.0525	[GREATER THAN]20	N/A	N/A
May 2003	.0490	1-20	.0525	[GREATER THAN]20	N/A	N/A
June 2003	.0470	1-20	.0525	[GREATER THAN]20	N/A	N/A
July 2003	.0430	1-20	.0525	[GREATER THAN]20	N/A	N/A
August 2003	.0440	1-20	.0525	[GREATER THAN]20	N/A	N/A
September 2003	.0490	1-20	.0525	[GREATER THAN]20	N/A	N/A
October 2003	.0490	1-20	.0525	[GREATER THAN]20	N/A	N/A
November 2003	.0460	1-20	.0525	20	N/A	N/A
December 2003	.0470	1-20	.0525	[GREATER THAN]20	N/A	N/A
January 2004	.0420	1-20	.0500	[GREATER THAN]20	N/A	N/A
February 2004	.0410	1-20	.0500	[GREATER THAN]20	N/A	N/A
March 2004	.0410	1-20	.0500	[GREATER THAN]20	N/A	N/A
April 2004	.0400	1-20	.0500	[GREATER THAN]20	N/A	N/A
May 2004	.0390	1-20	.0500	[GREATER THAN]20	N/A	N/A
June 2004	.0430	1-20	.0500	[GREATER THAN]20	N/A	N/A
July 2004	.0450	1-20	.0500	[GREATER THAN]20	N/A	N/A
August 2004	.0430	1-20	.0500	[GREATER THAN]20	N/A	N/A
September 2004	.0420	1-20	.0500	[GREATER THAN]20	N/A	N/A
October 2004	.0400	1-20	.0500	[GREATER THAN]20	N/A	N/A
November 2004	.0380	1-20	.0500	[GREATER THAN]20	N/A	N/A
December 2004	.0380	1-20	.0500	[GREATER THAN]20	N/A	N/A
January 2005	.0410	1-20	.0475	[GREATER THAN]20	N/A	N/A
February 2005	.0400	1-20	.0475	[GREATER THAN]20	N/A	N/A
March 2005	.0380	1-20	.0475	[GREATER THAN]20	N/A	N/A
April 2005	.0380	1-20	.0475	[GREATER THAN]20	N/A	N/A
May 2005	.0390	1-20	.0475	[GREATER THAN]20	N/A	N/A
June 2005	.0370	1-20	.0475	[GREATER THAN]20	N/A	N/A
July 2005	.0360	1-20	.0475	[GREATER THAN]20	N/A	N/A
August 2005	.0340	1-20	.0475	[GREATER THAN]20	N/A	N/A
September 2005	.0360	1-20	.0475	[GREATER THAN]20	N/A	N/A
October 2005	.0350	1-20	.0475	[GREATER THAN]20	N/A	N/A
November 2005	.0370	1-20	.0475	[GREATER THAN]20	N/A	N/A
December 2005	.0400	1-20	.0475	[GREATER THAN]20	N/A	N/A
January 2006	.0570	1-20	.0475	[GREATER THAN]20	N/A	N/A
February 2006	.0560	1-20	.0475	[GREATER THAN]20	N/A	N/A
March 2006	.0570	1-20	.0475	[GREATER THAN]20	N/A	N/A
April 2006	.0560	1-20	.0475	[GREATER THAN]20	N/A	N/A
May 2006	.0590	1-20	.0475	[GREATER THAN]20	N/A	N/A
June 2006	.0620	1-20	.0475	[GREATER THAN]20	N/A	N/A
July 2006	.0630	1-20	.0475	[GREATER THAN]20	N/A	N/A
August 2006	.0640	1-20	.0475	[GREATER THAN]20	N/A	N/A
September 2006	.0620	1-20	.0475	[GREATER THAN]20	N/A	N/A
October 2006	.0600	1-20	.0475	[GREATER THAN]20	N/A	N/A
November 2006	.0570	1-20	.0475	[GREATER THAN]20	N/A	N/A
December 2006	.0580	1-20	.0475	[GREATER THAN]20	N/A	N/A
January 2007	.0488	1-20	.0455	[GREATER THAN]20	N/A	N/A
February 2007	.0513	1-20	.0480	[GREATER THAN]20	N/A	N/A
March 2007	.0522	1-20	.0489	[GREATER THAN]20	N/A	N/A
April 2007	.0499	1-20	.0466	[GREATER THAN]20	N/A	N/A
May 2007	.0520	1-20	.0487	[GREATER THAN]20	N/A	N/A
June 2007	.0514	1-20	.0481	[GREATER THAN]20	N/A	N/A
July 2007	.0533	1-20	.0500	[GREATER THAN]20	N/A	N/A
August 2007	.0549	1-20	.0516	[GREATER THAN]20	N/A	N/A
September 2007	.0553	1-20	.0520	[GREATER THAN]20	N/A	N/A
October 2007	.0551	1-20	.0518	[GREATER THAN]20	N/A	N/A
November 2007	.0546	1-20	.0513	[GREATER THAN]20	N/A	N/A
December 2007	.0537	1-20	.0504	[GREATER THAN]20	N/A	N/A
January 2008	.0542	1-20	.0449	[GREATER THAN]20	N/A	N/A
February 2008	.0550	1-20	.0457	[GREATER THAN]20	N/A	N/A
March 2008	.0554	1-20	.0461	[GREATER THAN]20	N/A	N/A
April 2008	.0564	1-20	.0471	[GREATER THAN]20	N/A	N/A
May 2008	.0581	1-20	.0488	[GREATER THAN]20	N/A	N/A
June 2008	.0568	1-20	.0475	[GREATER THAN]20	N/A	N/A
July 2008	.0595	1-20	.0502	20	N/A	N/A
August 2008	.0605	1-20	.0512	[GREATER THAN]20	N/A	N/A
September 2008	.0624	1-20	.0531	[GREATER THAN]20	N/A	N/A
October 2008	.0618	1-20	.0525	[GREATER THAN]20	N/A	N/A
November 2008	.0709	1-20	.0616	[GREATER THAN]20	N/A	N/A
December 2008	.0792	1-20	.0699	[GREATER THAN]20	N/A	N/A
January 2009	0.0602	1-20	0.0548	[GREATER THAN]20	N/A	N/A
February 2009	0.0602	1-20	0.0548	[GREATER THAN]20	N/A	N/A
March 2009	0.0602	1-20	0.0548	[GREATER THAN]20	N/A	N/A
April-June 2009	0.0550	1-20	0.0502	[GREATER THAN]20	N/A	N/A
July-September 2009	0.0531	1-20	0.0504	[GREATER THAN]20	N/A	N/A
October-December 2009	0.0530	1-20	0.0501	[GREATER THAN]20	N/A	N/A
January-March 2010	0.0489	1-20	0.0463	[GREATER THAN]20	N/A	N/A
April-June 2010	0.0463	1-20	0.0451	[GREATER THAN]20	N/A	N/A
July-September 2010	0.0493	1-20	0.0466	[GREATER THAN]20	N/A	N/A
October-December 2010	0.0448	1-25	0.0451	[GREATER THAN]25	N/A	N/A
January-March 2011	0.0407	1-25	0.0393	[GREATER THAN]25	N/A	N/A
April-June 2011	0.0396	1-20	0.0432	[GREATER THAN]20	N/A	N/A
July-September 2011	0.0422	1-20	0.0434	[GREATER THAN]20	N/A	N/A
October-December 2011	0.0409	1-20	0.0430	[GREATER THAN]20	N/A	N/A
January-March 2012	0.0374	1-20	0.0370	[GREATER THAN]20	N/A	N/A
April-June 2012	0.0311	1-20	0.0336	[GREATER THAN]20	N/A	N/A
July-September 2012	0.0295	1-20	0.0366	[GREATER THAN]20	N/A	N/A
October-December 2012	0.0307	1-20	0.0300	[GREATER THAN]20	N/A	N/A
January-March 2013	0.0267	1-20	0.0301	[GREATER THAN]20	N/A	N/A
April-June 2013	0.0250	1-20	0.0320	[GREATER THAN]20	N/A	N/A
July-September 2013	0.0260	1-20	0.0343	[GREATER THAN]20	N/A	N/A
October-December 2013	0.0300	1-20	0.0331	[GREATER THAN]20	N/A	N/A
January-March 2014	0.0335	1-20	0.0350	[GREATER THAN]20	N/A	N/A
April-June 2014	0.0347	1-20	0.0364	[GREATER THAN]20	N/A	N/A
July-September 2014	0.0343	1-20	0.0366	[GREATER THAN]20	N/A	N/A
October-December 2014	0.0310	1-20	0.0329	[GREATER THAN]20	N/A	N/A
January-March 2015	0.0289	1-20	0.0312	[GREATER THAN]20	N/A	N/A
April-June 2015	0.0271	1-20	0.0278	[GREATER THAN]20	N/A	N/A
July-September 2015	0.0232	1-20	0.0237	[GREATER THAN]20	N/A	N/A
October-December 2015	0.0246	1-20	0.0298	[GREATER THAN]20	N/A	N/A
January-March 2016	0.0282	1-20	0.0295	[GREATER THAN]20	N/A	N/A
January-March 2017	0.0187	1-20	0.0237	[GREATER THAN]20	N/A	N/A
April-June 2016	0.0277	1-20	0.0286	[GREATER THAN]20	N/A	N/A
July-September 2016	0.0250	1-20	0.0285	[GREATER THAN]20	N/A	N/A
October-December 2016	0.0198	1-20	0.0267	[GREATER THAN]20	N/A	N/A
January-March 2017	0.0187	1-20	0.0237	[GREATER THAN]20	N/A	N/A
April-June 2017	0.0215	1-20	0.0260	[GREATER THAN]20	N/A	N/A
July-September 2017	0.0244	1-20	0.0274	[GREATER THAN]20	N/A	N/A
October-December 2017	0.0234	1-20	0.0263	[GREATER THAN]20	N/A	N/A
January-March 2018	0.0239	1-20	0.0260	[GREATER THAN]20	N/A	N/A
April-June 2018	0.0227	1-20	0.0259	[GREATER THAN]20	N/A	N/A
July-September 2018	0.0253	1-25	0.0264	[GREATER THAN]25	N/A	N/A
October-December 2018	0.0284	1-20	0.0276	[GREATER THAN]20	N/A	N/A
January-March 2019	0.0309	1-20	0.0284	[GREATER THAN]20	N/A	N/A
April-June 2019	0.0307	1-20	0.0305	[GREATER THAN]20	N/A	N/A
July-September 2019	0.0292	1-25	0.0307	[GREATER THAN]25	N/A	N/A
October-December 2019	0.0253	1-25	0.0253	[GREATER THAN]25	N/A	N/A
January-March 2020	0.0212	1-25	0.0226	[GREATER THAN]25	N/A	N/A
April-June 2020	0.0211	1-20	0.0192	[GREATER THAN]20	N/A	N/A
July-September 2020	0.0198	1-20	0.0157	[GREATER THAN]20	N/A	N/A
October-December 2020	0.0162	1-20	0.0140	[GREATER THAN]20	N/A	N/A
January-March 2021	0.0169	1-20	0.0166	[GREATER THAN]20	N/A	N/A
April-June 2021	0.0182	1-20	0.0168	[GREATER THAN]20	N/A	N/A
July-September 2021	0.0213	1-25	0.0223	[GREATER THAN]25	N/A	N/A
October-December 2021	0.0240	1-20	0.0211	[GREATER THAN]20	N/A	N/A
January-March 2022	0.0237	1-20	0.0203	[GREATER THAN]20	N/A	N/A
April-June 2022	0.0240	1-20	0.0212	[GREATER THAN]20	N/A	N/A
July-September 2022	0.0281	1-20	0.0294	[GREATER THAN]20	N/A	N/A
October-December 2022	0.0390	1-20	0.0365	[GREATER THAN]20	N/A	N/A
January-March 2023	0.0486	1-20	0.0470	[GREATER THAN]20	N/A	N/A
April-June 2023	0.0538	1-20	0.0509	[GREATER THAN]20	N/A	N/A
July-September 2023	0.0524	1-20	0.0458	[GREATER THAN]20	N/A	N/A
October-December 2023	0.0506	1-20	0.0437	[GREATER THAN]20	N/A	N/A
January-March 2024	0.0545	1-20	0.0522	[GREATER THAN]20	N/A	N/A
April-June 2024	0.0550	1-20	0.0483	[GREATER THAN]20	N/A	N/A
July 2024, other than July 31	0.0511	1-20	0.0483	[GREATER THAN]20	N/A	N/A

29 C.F.R. §B to Part 4044

61 FR 34059, July 1, 1996

81 FR 13743 , 3/15/2016; 81 FR 38949 , 7/1/2016; 81 FR 63415 , 10/1/2016; 81 FR 93600 , 1/1/2017; 82 FR 13756 , 4/1/2017; 82 FR 27423 , 7/1/2017; 82 FR 43301 , 10/1/2017; 82 FR 59517 , 1/1/2018; 83 FR 11414 , 3/15/2018; 83 FR 27899 , 7/1/2018; 83 FR 46642 , 10/1/2018; 83 FR 64281 , 1/1/2019; 84 FR 9455 , 4/1/2019; 84 FR 27714 , 7/1/2019; 84 FR 48274 , 10/1/2019; 84 FR 68044 , 1/1/2020; 85 FR 15377 , 4/1/2020; 85 FR 36154 , 7/1/2020; 85 FR 57124 , 10/1/2020; 85 FR 81123 , 1/1/2021; 86 FR 14280 , 4/1/2021; 86 FR 31620 , 7/1/2021; 86 FR 51274 , 10/1/2021; 86 FR 71146 , 1/1/2022; 87 FR 14403 , 4/1/2022; 87 FR 36058 , 7/1/2022; 87 FR 56589 , 10/1/2022; 87 FR 76576 , 1/1/2023; 88 FR 15907 , 4/1/2023; 88 FR 39170 , 7/1/2023; 88 FR 62706 , 10/1/2023; 88 FR 87340 , 1/1/2024; 89 FR 18364 , 4/1/2024; 89 FR 50527 , 7/1/2024

For FEDERAL REGISTER citations affecting part 4044, appendix B, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at www.govinfo.gov.