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Practitioners

Late Premium Payments

This is the interest rate that the PBGC will apply to unpaid contributions and premiums and to underpayments and overpayments of employer liability. It is subject to change quarterly.

NOTE: From January 1, 1983, interest is compounded daily. From September 2, 1974, through December 31, 1982, simple interest applied. From January 1, 1987, on, the interest rate is subject to change quarterly.

2015

Time Period

Interest Rate

Jan. 1, 2015 thru Mar. 31, 2015

 3%

 ^ Top

2014

Time Period

Interest Rate

Jan. 1, 2014 thru Mar. 31, 2014

 3%

Apr. 1, 2014 thru June 30, 2014

 3%

Jul. 1, 2014 thru Sep. 30, 2014

 3%

Oct. 1, 2014 thru Dec. 31, 2014

 3%

 ^ Top

2013

Time Period

Interest Rate

Jan. 1, 2013 thru Mar. 31, 2013

3%

Apr. 1, 2013 thru June 30, 2013

3%

Jul. 1, 2013 thru Sep. 30, 2013

3%

Oct. 1, 2013 thru Dec. 31, 2013

3%

 ^ Top

2012

Time Period

Interest Rate

Jan. 1, 2012 thru Mar. 31, 2012

3%

Apr. 1, 2012 thru June 30, 2012

3%

Jul. 1, 2012 thru Sep. 30, 2012

3%

Oct. 1, 2012 thru Dec. 31, 2012

3%

^ Top

2011

Time Period

Interest Rate

Jan. 1, 2011 thru Mar. 31, 2011

3%

Apr. 1, 2011 thru June 30, 2011

4%

Jul. 1, 2011 thru Sep. 30, 2011

4%

Oct. 1, 2011 thru Dec. 31, 2011

3%

^ Top

2010

Time Period

Interest Rate

Jan. 1, 2010 thru Mar. 31, 2010

4%

Apr. 1, 2010 thru June 30, 2010

4%

Jul. 1, 2010 thru Sep. 30, 2010

4%

Oct. 1, 2010 thru Dec. 31, 2010

4%

^ Top

2009

Time Period

Interest Rate

Jan. 1, 2009 thru Mar. 31, 2009

5%

Apr. 1, 2009 thru June 30, 2009

4%

Jul. 1, 2009 thru Sep. 30, 2009

4%

Oct. 1, 2009 thru Dec. 31, 2009

4%

^ Top

2008

Time Period

Interest Rate

Jan. 1, 2008 thru Mar. 31, 2008

7%

Apr. 1, 2008 thru June 30, 2008

6%

Jul. 1, 2008 thru Sep. 30, 2008

5%

Oct. 1, 2008 thru Dec. 31, 2008

6%

^ Top

2007

Time Period

Interest Rate

Jan. 1, 2007 thru Mar. 31, 2007

8%

Apr. 1, 2007 thru June 30, 2007

8%

Jul. 1, 2007 thru Sep. 30, 2007

8%

Oct. 1, 2007 thru Dec. 31, 2007

8%

^ Top

2006

Time Period

Interest Rate

Jan. 1, 2006 thru Mar. 31, 2006

7%

Apr. 1, 2006 thru June 30, 2006

7%

Jul. 1, 2006 thru Sep. 30, 2006

8%

Oct. 1, 2006 thru Dec. 31, 2006

8%

^ Top

2005

Time Period

Interest Rate

Jan. 1, 2005 thru Mar. 31, 2005

5%

Apr. 1, 2005 thru June 30, 2005

6%

Jul. 1, 2005 thru Sep. 30, 2005

6%

Oct. 1, 2005 thru Dec. 31, 2005

7%

^ Top

2004

Time Period

Interest Rate

Jan. 1, 2004 thru Mar. 31, 2004

4%

Apr. 1, 2004 thru June 30, 2004

5%

Jul. 1, 2004 thru Sep. 30, 2004

4%

Oct. 1, 2004 thru Dec. 31, 2004

5%

^ Top

2003

Time Period

Interest Rate

Jan. 1, 2003 thru Mar. 31, 2003

5%

Apr. 1, 2003 thru June 30, 2003

5%

Jul. 1, 2003 thru Sep. 30, 2003

5%

Oct. 1, 2003 thru Dec. 31, 2003

4%

^ Top

2002

Time Period

Interest Rate

Jan. 1, 2002 thru Mar. 31, 2002

6%

Apr. 1, 2002 thru June 30, 2002

6%

Jul. 1, 2002 thru Sep. 30, 2002

6%

Oct. 1, 2002 thru Dec. 31, 2002

6%

^ Top

2001

Time Period

Interest Rate

Jan. 1, 2001 thru Mar. 31, 2001

9%

Apr. 1, 2001 thru Jun. 30, 2001

8%

Jul. 1, 2001 thru Sep. 30, 2001

7%

Oct. 1, 2001 thru Dec. 31, 2001

7%

^ Top

2000

Time Period

Interest Rate

Jan. 1, 2000 thru Mar. 31, 2000

8%

Apr. 1, 2000 thru Jun. 30, 2000

9%

July 1, 2000 thru Sep. 30, 2000

9%

Oct. 1, 2000 thru Dec. 31, 2000

9%

^ Top

1999

Time Period

Interest Rate

Jan. 1, 1999 thru Mar. 31, 1999

7%

Apr. 1, 1999 thru Jun. 30, 1999

8%

Jul. 1, 1999 thru Sep. 30, 1999

8%

Oct. 1, 1999 thru Dec. 31, 1999

8%

^ Top

1998

Time Period

Interest Rate

Jan. 1, 1998 thru Mar. 31, 1998

9%

Apr. 1, 1998 thru June 30, 1998

8%

July 1, 1998 thru Sept. 30, 1998

8%

Oct. 1, 1998 thru Dec. 31, 1998

8%

^ Top

1997

Time Period

Interest Rate

Jan. 1, 1997 thru Mar. 31, 1997

9%

Apr. 1, 1997 thru June 30, 1997

9%

July 1, 1997 thru Sep. 30, 1997

9%

Oct. 1, 1997 thru Dec. 31, 1997

9%

^ Top

1996

Time Period

Interest Rate

Jan. 1, 1996 thru Mar. 31, 1996

9%

Apr. 1, 1996 thru June 30, 1996

8%

July 1, 1996 thru Sep. 30, 1996

9%

Oct. 1, 1996 thru Dec. 31, 1996

9%

^ Top

1995

Time Period

Interest Rate

Jan. 1, 1995 thru Mar. 31, 1995

9%

Apr. 1, 1995 thru June 30, 1995

10%

July 1, 1995 thru Sep. 30, 1995

9%

Oct. 1, 1995 thru Dec. 31, 1995

9%

^ Top

1994

Time Period

Interest Rate

Jan. 1, 1994 thru Mar. 31, 1994

7%

Apr. 1, 1994 thru June 30, 1994

7%

July 1, 1994 thru Sep. 30, 1994

8%

Oct. 1, 1994 thru Dec. 31, 1994

9%

^ Top

1993

Time Period

Interest Rate

Jan. 1, 1993 thru Mar. 31, 1993

7%

Apr. 1, 1993 thru June 30, 1993

7%

July 1, 1993 thru Sep. 30, 1993

7%

Oct. 1, 1993 thru Dec. 31, 1993

7%

^ Top

1992

Time Period

Interest Rate

Jan. 1, 1992 thru Mar. 31, 1992

9%

Apr. 1, 1992 thru June 30, 1992

8%

July 1, 1992 thru Sep. 30, 1992

8%

Oct. 1, 1992 thru Dec. 31, 1992

7%

^ Top

1991

Time Period

Interest Rate

Jan. 1, 1991 thru Mar. 31, 1991

11%

Apr. 1, 1991 thru June 30, 1991

10%

July 1, 1991 thru Sep. 30, 1991

10%

Oct. 1, 1991 thru Dec. 31, 1991

10%

^ Top

1990

Time Period

Interest Rate

Jan. 1, 1990 thru Mar. 31, 1990

11%

Apr. 1, 1990 thru June 30, 1990

11%

July 1, 1990 thru Sep. 30, 1990

11%

Oct. 1, 1990 thru Dec. 31, 1990

11%

^ Top

1989

Time Period

Interest Rate

Jan. 1, 1989 thru Mar. 31, 1989

11%

Apr. 1, 1989 thru June 30, 1989

12%

July 1, 1989 thru Sep. 30, 1989

12%

Oct. 1, 1989 thru Dec. 31, 1989

11%

^ Top

1988

Time Period

Interest Rate

Jan. 1, 1988 thru Mar. 31, 1988

11%

Apr. 1, 1988 thru June 30, 1988

10%

July 1, 1988 thru Sep. 30, 1988

10%

Oct. 1, 1988 thru Dec. 31, 1988

11%

^ Top

Dec. 1987 - Jan. 1986

Time Period

Interest Rate

Jan. 1, 1986 thru June 30, 1986

10%

July 1, 1986 thru Sep. 30, 1987

9%

Oct. 1, 1987 thru Dec. 31, 1987

10%

^ Top

1985

Time Period

Interest Rate

Jan. 1, 1985 thru June 30, 1985

13%

July 1, 1985 thru Dec. 31, 1985

11%

^ Top

Dec. 1984 - Jan. 1983

Time Period

Interest Rate

July 1, 1983 thru Dec. 31, 1984

11%

Jan. 1, 1983 thru June 30, 1983

16%

^ Top

Feb. - Dec. 1982

Time Period

Interest Rate

Feb. 1, 1982 thru Dec. 31, 1982

20%

^ Top

Jan. 1982 - Feb. 1980

Time Period

Interest Rate

Feb. 1, 1980 thru Jan. 31, 1982

12%

^ Top

Jan. 1980 - Feb. 1978

Time Period

Interest Rate

Feb. 1, 1978 thru Jan. 31, 1980

6%

^ Top

Jan. 1978 - Feb. 1976

Time Period

Interest Rate

Feb. 1, 1976 thru Jan. 31, 1978

7%

^ Top

Jan. 1976 - July 1975

Time Period

Interest Rate

July 1, 1975 thru Jan. 31, 1976

9%

^ Top

June 1975 - Sept. 1974

Time Period

Interest Rate

Sept.2, 1974 thruJune 30, 1975

6%

^ Top