The Pension Benefit Guaranty Corporation (PBGC) announced on October 16, 2009 a flat-rate premium increase for single-employer plans. For the 2010 plan year, the per-participant flat-rate premium will increase from $34.00 to $35.00. For multiemployer plans, the premium will remain the same at $9.00 for the 2010 plan year. The PBGC is required by law to adjust the premium rates for inflation each year based on changes in the national average wage index.

The PBGC announcement is available here.

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