PPA Rates
Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 4.75% 5.55% 5.92% February 4.65% 5.38% 5.81% March 4.50% 5.33% 5.86% April 4.51% 5.49% 6.07% May 4.50% 5.57% 6.23% June 4.43% 5.46% 6.13% July 4.38% 5.41% 6.13% August 4.20% 5.29% 6.08% September 4.06% 5.12% 5.93% October 4.01% 5.04% 5.83% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 4.89% 5.14% 5.29% February 4.97% 5.22% 5.37% March 4.99% 5.19% 5.37% April 5.24% 5.48% 5.61% May 5.18% 5.41% 5.62% June 5.09% 5.28% 5.52% July 4.92% 5.25% 5.59% August 4.50% 4.96% 5.40% September 4.17% 4.76% 5.25% October 4.42% 5.04% 5.46% November 4.66% 5.25% 5.57% December 4.65% 5.28% 5.63% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 4.74% 4.98% 4.84% February 4.99% 5.12% 4.96% March 5.00% 5.20% 5.15% April 4.77% 4.97% 5.13% May 4.91% 5.15% 5.34% June 5.26% 5.23% 5.16% July 5.35% 5.28% 5.10% August 5.45% 5.52% 5.43% September 5.58% 5.66% 5.56% October 5.77% 6.14% 6.19% November 5.50% 5.76% 5.83% December 5.01% 5.13% 5.15% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.41% 3.02% 3.36% February 1.88% 3.35% 3.70% March 2.44% 3.71% 3.94% April 3.00% 4.22% 4.17% May 3.23% 4.59% 4.69% June 3.64% 4.80% 4.78% July 3.67% 4.67% 4.73% August 3.79% 4.62% 4.69% September 4.48% 5.26% 5.07% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 0.50% 2.38% 3.17% February 0.51% 2.54% 3.45% March 0.69% 2.92% 3.69% April 0.67% 2.84% 3.47% May 0.61% 2.84% 3.54% June 0.63% 2.70% 3.32% July 0.63% 2.51% 3.10% September 0.70% 2.55% 3.06% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.91% 2.93% 3.54% February 1.73% 2.72% 3.35% March 2.22% 3.08% 3.73% April 1.58% 2.88% 3.24% May 1.08% 2.78% 3.47% June 0.74% 2.57% 3.32% July 0.59% 2.25% 3.01% August 0.52% 2.22% 3.03% September 0.51% 2.31% 3.15% October 0.54% 2.38% 3.28% November 0.53% 2.31% 3.09% December 0.51% 2.26% 3.01% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 3.19% 4.25% 4.60% February 3.01% 4.11% 4.41% March 2.86% 4.00% 4.42% April 2.79% 3.88% 4.33% May 2.72% 3.76% 4.33% June 2.41% 3.51% 4.16% July 2.34% 3.38% 4.01% August 2.09% 3.00% 3.61% September 2.13% 3.07% 3.65% October 2.01% 3.06% 3.65% November 2.04% 3.09% 3.68% December 2.03% 3.06% 3.59% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 2.48% 3.65% 4.15% February 2.72% 3.94% 4.33% March 2.91% 3.99% 4.43% April 2.99% 4.04% 4.43% May 3.08% 4.19% 4.58% June 3.12% 4.20% 4.60% July 3.15% 4.20% 4.47% August 3.10% 4.15% 4.46% September 3.21% 4.26% 4.55% October 3.33% 4.39% 4.72% November 3.43% 4.46% 4.88% December 3.38% 4.32% 4.69% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 2.00% 3.91% 4.66% February 1.96% 3.91% 4.69% March 2.06% 3.95% 4.75% April 1.96% 3.78% 4.66% May 1.96% 3.77% 4.62% June 1.96% 3.60% 4.39% July 1.97% 3.66% 4.37% August 1.93% 3.57% 4.36% September 1.96% 3.58% 4.35% October 2.05% 3.61% 4.27% November 2.20% 3.57% 4.24% December 2.33% 3.55% 4.11% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.78% 4.08% 5.02% February 1.71% 3.98% 5.03% March 1.68% 3.87% 4.84% April 1.47% 3.65% 4.62% May 1.50% 3.60% 4.62% June 1.44% 3.46% 4.48% July 1.36% 3.26% 4.16% August 1.39% 3.27% 4.18% September 1.47% 3.34% 4.30% October 1.57% 3.45% 4.39% November 1.79% 3.80% 4.71% December 2.04% 4.03% 4.82% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.33% 3.46% 4.40% February 1.35% 3.52% 4.47% March 1.38% 3.58% 4.50% April 1.27% 3.52% 4.47% May 1.38% 3.88% 4.98% June 1.59% 4.13% 5.20% July 1.63% 4.14% 5.13% August 1.68% 4.05% 4.98% September 1.69% 4.11% 5.07% October 1.61% 4.02% 5.03% November 1.76% 4.15% 5.13% December 1.82% 4.12% 5.01% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.24% 4.42% 5.40% February 1.17% 4.29% 5.36% March 1.23% 4.23% 5.31% April 1.24% 4.13% 5.15% May 1.17% 3.98% 5.01% June 1.23% 4.01% 5.09% July 1.26% 3.94% 5.02% August 1.24% 3.86% 4.96% September 1.40% 3.98% 5.04% October 1.29% 3.81% 4.88% November 1.40% 3.88% 4.96% December 1.48% 3.77% 4.79% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.00% 3.73% 4.89% February 0.99% 3.82% 5.02% March 0.97% 3.82% 5.11% April 0.93% 3.61% 4.88% May 0.97% 3.76% 5.01% June 1.24% 4.25% 5.43% July 1.34% 4.45% 5.44% August 1.36% 4.60% 5.58% September 1.40% 4.66% 5.62% October 1.24% 4.47% 5.52% November 1.19% 4.53% 5.66% December 1.25% 4.57% 5.60% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.84% 4.36% 5.19% February 1.56% 4.27% 5.08% March 1.57% 4.16% 5.18% April 1.54% 4.30% 5.14% May 1.59% 4.12% 5.04% June 1.60% 3.97% 4.93% July 1.22% 3.66% 4.50% August 1.13% 3.71% 4.52% September 1.02% 3.71% 4.67% October 0.96% 3.57% 4.58% November 0.97% 3.50% 4.60% December 1.00% 3.57% 4.77% Month Segment Rate 1 Segment Rate 2 Segment Rate 3 January 1.93% 5.25% 6.42% February 2.02% 5.34% 6.54% March 1.91% 5.23% 6.46% April 1.93% 5.23% 6.44% May 1.72% 5.00% 6.21% June 1.70% 4.99% 6.33% July 1.72% 4.97% 6.28% August 1.85% 4.62% 6.02% September 1.98% 4.49% 5.80% October 2.09% 4.56% 5.50% November 1.99% 4.47% 5.26% December 2.07% 4.45% 5.24%
The Pension Protection Act of 2006 redefined the interest rates used to calculate lump sum benefits for companies with defined benefits plans. The following tables lists the unblended PPA interest rates for since 2011. Many companies have started using these rates to calculate lump sum benefits for retirees.