IRS Issues Notice Providing June 2026 Pension Plan Funding, Valuation Interest Rates

The IRS issued a notice providing the interest rates used for pension plan funding and valuation calculations, including the corporate bond monthly yield curve for May 2026, 24-month average segment rates for June 2026, and the 30-year Treasury securities rate. The guidance provides rates used by single-employer plans to determine minimum funding requirements, target normal costs, and funding targets under I.R.C. §430, and also applies to minimum present value calculations under I.R.C. §417(e)(3) and multiemployer plan funding requirements under I.R.C. §431. [IRS, Notice 2026-38, 06/16/26]

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