PBGC Guaranteed Maximum Benefits for 2004
Updated: August 18, 2005
See also: PBGC Website and PBGC Guaranteed Maximum Benefits for 2005
The reduction by law of PBGC's maximum guarantee for retirees under age 65 is shown in the table below for 2004. This reduction reflects the fact that younger retirees receive more monthly pension checks over a longer remaining lifespan.
| Age | Monthly Guarantee |
|---|---|
| 65 | $3,698.86 |
| 64 | $3,439.94 |
| 63 | $3,181.02 |
| 62 | $2,922.10 |
| 61 | $2,663.18 |
| 60 | $2,404.26 |
| 59 | $2,256.30 |
| 58 | $2,108.35 |
| 57 | $1,960.40 |
| 56 | $1,812.44 |
| 55 | $1,664.49 |
| 54 | $1,590.50 |
| 53 | $1,516.53 |
| 52 | $1,442.55 |
| 51 | $1,368.57 |
| 50 | $1,294.60 |
