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Premium Rates

Last Updated:

Current and Historical Information

Plan years
beginning in

Single-Employer Plans

Multiemployer Plans

Per Participant Rate
for Flat-Rate Premium

Variable-Rate Premium

Per Participant Rate
for Flat-Rate Premium

Rate per $1,000 UVBs

Per Participant Cap

2024

$101

$52

$686

$37
2023 $96 $52 $652 $35
2022 $88 $48 $598 $32
2021 $86 $46 $582 $31
2020 $83 $45 $561 $30
2019 $80 $43 $541 $29
2018 $74 $38 $523 $28
2017 $69 $34 $517 $28
2016 $64 $30 $500 $27
2015 $57 $24 $418 $26
2014 $49 $14 $412 $12
2013 $42 $9 $400 $12
2012 $35 $9 N/A $9
2011 $35 $9 N/A $9
2010 $35 $9 N/A $9
2009 $34 $9 N/A $9
2008 $33 $9 N/A $9
2007 $31 $9 N/A $8

PBGC's Pension Insurance Data Tables contain a complete history of premium rates.

Increases After 2019

From 2020 - 2023, all premium rates and the VRP cap were subject to indexing. Starting in 2024, the VRP rate will no longer be indexed. All other premium rates and the VRP cap will continue to be indexed after 2023.

Termination Premiums

For certain distress or involuntary terminations, a special termination premium must be paid to PBGC for three years. For more information, see Termination Premiums.