Maximum 2016 pension under PBGC-controlled plans: $60,136
Posted On: Oct. 28, 2015 12:00 AM CSTWith consumer prices holding even over the last year, the maximum benefit the Pension Benefit Guaranty Corp. will guarantee next year will be the same as this year.
For participants who retire at 65 in plans that the agency has taken over, the 2016 maximum benefit will be $60,136, unchanged from 2015, the PBGC said Wednesday.
Only a small percentage of participants in failed pension plans taken over by the PBGC are entitled to benefits greater than those guaranteed by the agency.