For a pension plan to qualify for tax-exempt status, the plan sponsor must arrange sufficient funding for the plan's future liabilities, including future pension benefits. Determining sufficient funding requires calculating the present value of future benefits which is, in part, based on discounting those benefits with interest. This page provides the interest rates a plan actuary must use to apply this discounting for a single employer defined benefit pension plan.
On this page
Key segment rate components
The American Rescue Plan Act of 2021 (ARP) made recent changes to the methods of determining the required interest rates. Find pre-ARP and post-ARP tables below:
Determination components and tables
| Determination components | Tables determined under ARP & IIJA rules | Tables determined under pre-ARP rules |
|---|
| Applicable percentage limits | Table 1A | Table 1B |
| 25-year average segment rates and permissible corridors | Table 2A | Table 2B |
| 24-month average segment rates | Table 3A | Table 3B |
Segment rates overview
Generally, for single-employer plans, for funding purposes, the rates for discounting are three 24-month average segment rates (Internal Revenue Code (IRC) Section 430(h)(2)). However, special rules apply for certain plans (see Plans Not Subject to Standard Segment Rate Provisions).
The three segment rates are the averages of the yields over different blocks of maturity periods of the Treasury high quality corporate bond yield curves averaged over 24-months. These rates are subject to additional criteria: they are constrained by applicable percentage limits on the 25-year average yield curve segment rates. These rules have been affected by several amendments to IRC Section 430(h)(2) (see Amendments to Code Segment Rate Provisions). The recent changes under ARP affected the determination of the 25-year average segment rates and the applicable percentages, but also allowed plan sponsors to elect to use the pre-ARP rules for certain years.
Tables 1A, 2A, and 3A below have the constraints and segment rates determined taking into account ARP Section 9706(a) and the Infrastructure Investment and Jobs Act (IIJA) amendments generally for plan years beginning after 2019. Tables 1B, 2B, and 3B have the constraints and segment rates determined under pre-ARP rules, for plan years beginning before 2020, or for plan years beginning in 2020 and 2021 if the plan sponsor makes the election available in ARP Section 9706(c)(2) to use the pre-ARP rules.
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Applicable percentage limits: Funding Table 1A and Table 1B
Funding Table 1A lists the applicable minimum and maximum percentages under IRC Section 430(h)(2)(C)(iv) as amended by ARP Section 9706(a)(1) and IIJA Section 80602.
Funding Table 1B lists the applicable minimum and maximum percentages under IRC Section 430(h)(2)(C)(iv) as amended by BBA but without the amendments by ARP, for use in plan years beginning before 2020, or for plan years beginning in 2020 and 2021 as permitted with an election under ARP Section 9706(c)(2) to use pre-ARP rates.
Funding table 1A: Post-ARP/IIJA applicable maximum and minimum percentages
| Plan years beginning in | Applicable minimum | Applicable maximum |
|---|
| 2020 to 2030 | 95% | 105% |
| 2031 | 90% | 110% |
| 2032 | 85% | 115% |
| 2033 | 80% | 120% |
| 2034 | 75% | 125% |
| After 2034 | 70% | 130% |
Funding table 1B: Pre-ARP applicable maximum and minimum percentages
| Plan years beginning in | Applicable minimum | Applicable maximum |
|---|
| 2012-2020 | 90% | 110% |
| 2021 | 85% | 115% |
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25-year average segment rates and permissible corridors: Funding Table 2A and Table 2B
Funding Table 2A lists the 25-year average segment rates determined under Section 430(h)(2)(C)(iv) as amended by Section 9706(a)(1) of ARP and Section 80602 of IIJA, including a floor of 5%, and the permissible corridor of the 24-month average segment rates based on the applicable minimum and maximum percentages under those amendments.
Funding Table 2B lists the 25-year average segment rates determined under IRC Section 430(h)(2)(c)(iv) as amended by BBA but without amendments by ARP, and lists the permissible corridor of the 24-month average segment rates based the applicable minimum and maximum percentages, for plan years beginning before 2020, or for plan years beginning in 2020 and 2021 as permitted with an election under ARP Section 9706(c)(2) to use pre-ARP rates.
Funding table 2A: Post-ARP/IIJA 25-year segment rates and permissible corridors
| | 25-year segment rates, limited by ARP/IIJA | Permissible corridors under ARP & IIJA Applicable minimum and maximum percentages |
|---|
| Plan years beginning in | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2027 | 5.00 | 5.00 | 5.61 | 4.75 to 5.25 | 4.75 to 5.25 | 5.33 to 5.89 |
|---|
| 2026 | 5.00 | 5.00 | 5.70 | 4.75 to 5.25 | 4.75 to 5.25 | 5.42 to 5.99 |
|---|
| 2025 | 5.00 | 5.06 | 5.79 | 4.75 to 5.25 | 4.81 to 5.31 | 5.50 to 6.08 |
|---|
| 2024 | 5.00 | 5.13 | 5.88 | 4.75 to 5.25 | 4.87 to 5.39 | 5.59 to 6.17 |
|---|
| 2023 | 5.00 | 5.26 | 6.04 | 4.75 to 5.25 | 5.00 to 5.52 | 5.74 to 6.34 |
|---|
| 2022 | 5.00 | 5.45 | 6.23 | 4.75 to 5.25 | 5.18 to 5.72 | 5.92 to 6.54 |
|---|
| 2021 | 5.00 | 5.64 | 6.43 | 4.75 to 5.25 | 5.36 to 5.92 | 6.11 to 6.75 |
|---|
| 2020 | 5.00 | 5.79 | 6.60 | 4.75 to 5.25 | 5.50 to 6.08 | 6.27 to 6.93 |
|---|
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Funding table 2B: Pre-ARP 25-year segment rates and permissible corridors
| | Pre-ARP 25-year segment rates | Pre-ARP permissible corridors under BBA applicable minimum and maximum percentages |
|---|
| Plan years beginning in | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2021 | 3.90 | 5.64 | 6.43 | 3.32 to 4.49% | 4.79 to 6.49% | 5.47 to 7.39% |
|---|
| 2020 | 4.04 | 5.79 | 6.60 | 3.64 to 4.44% | 5.21 to 6.37% | 5.94 to 7.26% |
|---|
| 2019 | 4.15 | 5.94 | 6.79 | 3.74 to 4.57% | 5.35 to 6.53% | 6.11 to 7.47% |
|---|
| 2018 | 4.35 | 6.13 | 6.99 | 3.92 to 4.79% | 5.52 to 6.74% | 6.29 to 7.69% |
|---|
| 2017 | 4.62 | 6.35 | 7.20 | 4.16 to 5.08% | 5.72 to 6.99% | 6.48 to 7.92% |
|---|
| 2016 | 4.92 | 6.57 | 7.39 | 4.43 to 5.41% | 5.91 to 7.23% | 6.65 to 8.13% |
|---|
| 2015 | 5.24 | 6.79 | 7.57 | 4.70 to 5.76% | 6.11 to 7.47% | 6.81 to 8.33% |
|---|
| 2014 | 5.54 | 7.02 | 7.77 | 4.99 to 6.09% | 6.35 to 7.72% | 6.99 to 8.55% |
|---|
| 2013 | 5.81 | 7.23 | 7.95 | 5.23 to 6.39% | 6.51 to 7.95% | 7.16 to 8.45% |
|---|
| 2012 | 6.15 | 7.61 | 8.35 | 5.54 to 6.77% | 6.87 to 8.37% | 7.52 to 9.19% |
|---|
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24-month average segment rates: Funding Table 3A and Table 3B
Funding Table 3A lists the 24-month average segment rates without adjustment for the applicable percentages of the 25-year average segment rates, and lists the 24-month average segment rates as adjusted by the ARP / IIJA applicable minimum and maximum percentages of the 25-year average segment rates, generally effective for plan years beginning after 2019 (unless electing under ARP Section 9706(c)(2) to defer the application of the ARP Section 9706(a) amendments to plan years beginning after 2021). Funding Table 3A is divided into parts based on the calendar year in which the plan year begins.
Funding Table 3B lists the 24-month average segment rates without adjustment for applicable percentages of the 25-year average segment rates, and the adjusted 24-month average segment rates as adjusted under BBA for plan years beginning before 2020, and for plan years beginning in 2020 and 2021 as permitted with an election under ARP Section 9706(c)(2) to use the pre-ARP rates. However, see Historical Funding Segment Rate Tables, for certain electing plans under HATFA and BBA, and for plan years beginning before 2014. Funding Table 3B is divided into parts based on the calendar year in which the plan year begins.
Funding table 3A: Post-ARP/IIJA 24-month average segment rates
Funding Table 3A for years:
2027 | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020
Funding table 3A for 2027
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2027 | Oct-26 | 4.40 | 5.37 | 6.08 | 4.75 | 5.25 | 5.89 |
|---|
| 2027 | Sep-26 | 4.36 | 5.32 | 6.02 | 4.75 | 5.25 | 5.89 |
|---|
Funding table 3A for 2026
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2026 | Oct-26 | 4.40 | 5.37 | 6.08 | 4.75 | 5.25 | 5.99 |
|---|
| 2026 | Sep-26 | 4.36 | 5.32 | 6.02 | 4.75 | 5.25 | 5.99 |
|---|
| 2026 | Aug-26 | 4.35 | 5.28 | 5.96 | 4.75 | 5.25 | 5.96 |
|---|
| 2026 | Jul-26 | 4.37 | 5.27 | 5.93 | 4.75 | 5.25 | 5.93 |
|---|
| 2026 | Jun-26 | 4.39 | 5.26 | 5.90 | 4.75 | 5.25 | 5.90 |
|---|
| 2026 | May-26 | 4.42 | 5.26 | 5.87 | 4.75 | 5.25 | 5.87 |
|---|
| 2026 | Apr-26 | 4.46 | 5.27 | 5.84 | 4.75 | 5.25 | 5.84 |
|---|
| 2026 | Mar-26 | 4.50 | 5.26 | 5.81 | 4.75 | 5.25 | 5.81 |
|---|
| 2026 | Feb-26 | 4.54 | 5.26 | 5.78 | 4.75 | 5.25 | 5.78 |
|---|
| 2026 | Jan-26 | 4.57 | 5.26 | 5.74 | 4.75 | 5.25 | 5.74 |
|---|
| 2026 | Dec-25 | 4.61 | 5.26 | 5.70 | 4.75 | 5.25 | 5.70 |
|---|
| 2026 | Nov-25 | 4.67 | 5.28 | 5.69 | 4.75 | 5.25 | 5.69 |
|---|
| 2026 | Oct-25 | 4.75 | 5.33 | 5.71 | 4.75 | 5.25 | 5.71 |
|---|
| 2026 | Sep-25 | 4.81 | 5.35 | 5.69 | 4.81 | 5.25 | 5.69 |
|---|
Funding table 3A for 2025
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2025 | Oct-26 | 4.40 | 5.37 | 6.08 | 4.75 | 5.31 | 6.08 |
|---|
| 2025 | Sep-26 | 4.36 | 5.32 | 6.02 | 4.75 | 5.31 | 6.02 |
|---|
| 2025 | Aug-26 | 4.35 | 5.28 | 5.96 | 4.75 | 5.28 | 5.96 |
|---|
| 2025 | Jul-26 | 4.37 | 5.27 | 5.93 | 4.75 | 5.27 | 5.93 |
|---|
| 2025 | Jun-26 | 4.39 | 5.26 | 5.90 | 4.75 | 5.26 | 5.90 |
|---|
| 2025 | May-26 | 4.42 | 5.26 | 5.87 | 4.75 | 5.26 | 5.87 |
|---|
| 2025 | Apr-26 | 4.46 | 5.27 | 5.84 | 4.75 | 5.27 | 5.84 |
|---|
| 2025 | Mar-26 | 4.50 | 5.26 | 5.81 | 4.75 | 5.26 | 5.81 |
|---|
| 2025 | Feb-26 | 4.54 | 5.26 | 5.78 | 4.75 | 5.26 | 5.78 |
|---|
| 2025 | Jan-26 | 4.57 | 5.26 | 5.74 | 4.75 | 5.26 | 5.74 |
|---|
| 2025 | Dec-25 | 4.61 | 5.26 | 5.70 | 4.75 | 5.26 | 5.70 |
|---|
| 2025 | Nov-25 | 4.67 | 5.28 | 5.69 | 4.75 | 5.28 | 5.69 |
|---|
| 2025 | Oct-25 | 4.75 | 5.33 | 5.71 | 4.75 | 5.31 | 5.71 |
|---|
| 2025 | Sep-25 | 4.81 | 5.35 | 5.69 | 4.81 | 5.31 | 5.69 |
|---|
| 2025 | Aug-25 | 4.86 | 5.36 | 5.67 | 4.86 | 5.31 | 5.67 |
|---|
| 2025 | Jul-25 | 4.90 | 5.36 | 5.62 | 4.90 | 5.31 | 5.62 |
|---|
| 2025 | Jun-25 | 4.94 | 5.35 | 5.58 | 4.94 | 5.31 | 5.58 |
|---|
| 2025 | May-25 | 4.95 | 5.33 | 5.55 | 4.95 | 5.31 | 5.55 |
|---|
| 2025 | Apr-25 | 4.97 | 5.31 | 5.51 | 4.97 | 5.31 | 5.51 |
|---|
| 2025 | Mar-25 | 4.99 | 5.30 | 5.48 | 4.99 | 5.30 | 5.50 |
|---|
| 2025 | Feb-25 | 5.00 | 5.29 | 5.44 | 5.00 | 5.29 | 5.50 |
|---|
| 2025 | Jan-25 | 5.00 | 5.27 | 5.40 | 5.00 | 5.27 | 5.50 |
|---|
| 2025 | Dec-24 | 5.01 | 5.26 | 5.36 | 5.01 | 5.26 | 5.50 |
|---|
| 2025 | Nov-24 | 5.03 | 5.28 | 5.36 | 5.03 | 5.28 | 5.50 |
|---|
| 2025 | Oct-24 | 5.05 | 5.31 | 5.37 | 5.05 | 5.31 | 5.50 |
|---|
| 2025 | Sep-24 | 5.07 | 5.33 | 5.36 | 5.07 | 5.31 | 5.50 |
|---|
Funding table 3A for 2024
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2024 | Jan-2026 | 4.57 | 5.26 | 5.74 | 4.75 | 5.26 | 5.74 |
|---|
| 2024 | Dec-2025 | 4.61 | 5.26 | 5.70 | 4.75 | 5.26 | 5.70 |
|---|
| 2024 | Nov-2025 | 4.67 | 5.28 | 5.69 | 4.75 | 5.28 | 5.69 |
|---|
| 2024 | Oct-2025 | 4.75 | 5.33 | 5.71 | 4.75 | 5.33 | 5.71 |
|---|
| 2024 | Sep-2025 | 4.81 | 5.35 | 5.69 | 4.81 | 5.35 | 5.69 |
|---|
| 2024 | Aug-2025 | 4.86 | 5.36 | 5.67 | 4.86 | 5.36 | 5.67 |
|---|
| 2024 | Jul-2025 | 4.90 | 5.36 | 5.62 | 4.90 | 5.36 | 5.62 |
|---|
| 2024 | Jun-2025 | 4.94 | 5.35 | 5.58 | 4.94 | 5.35 | 5.59 |
|---|
| 2024 | May-2025 | 4.95 | 5.33 | 5.55 | 4.95 | 5.33 | 5.59 |
|---|
| 2024 | Apr-2025 | 4.97 | 5.31 | 5.51 | 4.97 | 5.31 | 5.59 |
|---|
| 2024 | Mar-2025 | 4.99 | 5.30 | 5.48 | 4.99 | 5.30 | 5.59 |
|---|
| 2024 | Feb-2025 | 5.00 | 5.29 | 5.44 | 5.00 | 5.29 | 5.59 |
|---|
| 2024 | Jan-2025 | 5.00 | 5.27 | 5.40 | 5.00 | 5.27 | 5.59 |
|---|
| 2024 | Dec-2024 | 5.01 | 5.26 | 5.36 | 5.01 | 5.26 | 5.59 |
|---|
| 2024 | Nov-2024 | 5.03 | 5.28 | 5.36 | 5.03 | 5.28 | 5.59 |
|---|
| 2024 | Oct-2024 | 5.05 | 5.31 | 5.37 | 5.05 | 5.31 | 5.59 |
|---|
| 2024 | Sep-2024 | 5.07 | 5.33 | 5.36 | 5.07 | 5.33 | 5.59 |
|---|
| 2024 | Aug-2024 | 5.04 | 5.32 | 5.33 | 5.04 | 5.32 | 5.59 |
|---|
| 2024 | Jul-2024 | 4.99 | 5.29 | 5.29 | 4.99 | 5.29 | 5.59 |
|---|
| 2024 | Jun-2024 | 4.93 | 5.27 | 5.26 | 4.93 | 5.27 | 5.59 |
|---|
| 2024 | May-2024 | 4.84 | 5.24 | 5.22 | 4.84 | 5.24 | 5.59 |
|---|
| 2024 | Apr-2024 | 4.75 | 5.18 | 5.16 | 4.75 | 5.18 | 5.59 |
|---|
| 2024 | Mar-2024 | 4.64 | 5.12 | 5.10 | 4.75 | 5.12 | 5.59 |
|---|
| 2024 | Feb-2024 | 4.52 | 5.05 | 5.04 | 4.75 | 5.05 | 5.59 |
|---|
| 2024 | Jan-2024 | 4.37 | 4.96 | 4.95 | 4.75 | 4.96 | 5.59 |
|---|
| 2024 | Dec-2023 | 4.21 | 4.86 | 4.87 | 4.75 | 4.87 | 5.59 |
|---|
| 2024 | Nov-2023 | 4.02 | 4.73 | 4.75 | 4.75 | 4.87 | 5.59 |
|---|
| 2024 | Oct-2023 | 3.82 | 4.59 | 4.63 | 4.75 | 4.87 | 5.59 |
|---|
| 2024 | Sep-2023 | 3.62 | 4.46 | 4.52 | 4.75 | 4.87 | 5.59 |
|---|
Funding table 3A for 2023
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2023 | Jan-2025 | 5.00 | 5.27 | 5.40 | 5.00 | 5.27 | 5.74 |
|---|
| 2023 | Dec-2024 | 5.01 | 5.26 | 5.36 | 5.01 | 5.26 | 5.74 |
|---|
| 2023 | Nov-2024 | 5.03 | 5.28 | 5.36 | 5.03 | 5.28 | 5.74 |
|---|
| 2023 | Oct-2024 | 5.05 | 5.31 | 5.37 | 5.05 | 5.31 | 5.74 |
|---|
| 2023 | Sep-2024 | 5.07 | 5.33 | 5.36 | 5.07 | 5.33 | 5.74 |
|---|
| 2023 | Aug-2024 | 5.04 | 5.32 | 5.33 | 5.04 | 5.32 | 5.74 |
|---|
| 2023 | Jul-2024 | 4.99 | 5.29 | 5.29 | 4.99 | 5.29 | 5.74 |
|---|
| 2023 | Jun-2024 | 4.93 | 5.27 | 5.26 | 4.93 | 5.27 | 5.74 |
|---|
| 2023 | May-2024 | 4.84 | 5.24 | 5.22 | 4.84 | 5.24 | 5.74 |
|---|
| 2023 | Apr-2024 | 4.75 | 5.18 | 5.16 | 4.75 | 5.18 | 5.74 |
|---|
| 2023 | Mar-2024 | 4.64 | 5.12 | 5.10 | 4.75 | 5.12 | 5.74 |
|---|
| 2023 | Feb-2024 | 4.52 | 5.05 | 5.04 | 4.75 | 5.05 | 5.74 |
|---|
| 2023 | Jan-2024 | 4.37 | 4.96 | 4.95 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Dec-2023 | 4.21 | 4.86 | 4.87 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Nov-2023 | 4.02 | 4.73 | 4.75 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Oct-2023 | 3.82 | 4.59 | 4.63 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Sep-2023 | 3.62 | 4.46 | 4.52 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Aug-2023 | 3.42 | 4.33 | 4.43 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Jul-2023 | 3.22 | 4.22 | 4.34 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Jun-2023 | 3.03 | 4.11 | 4.27 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | May-2023 | 2.85 | 4.02 | 4.19 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Apr-2023 | 2.68 | 3.93 | 4.12 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Mar-2023 | 2.50 | 3.83 | 4.06 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Feb-2023 | 2.31 | 3.72 | 4.00 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Jan-2023 | 2.13 | 3.62 | 3.93 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Dec-2022 | 1.95 | 3.50 | 3.85 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Nov-2022 | 1.76 | 3.36 | 3.76 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Oct-2022 | 1.57 | 3.21 | 3.66 | 4.75 | 5.00 | 5.74 |
|---|
| 2023 | Sep-2022 | 1.41 | 3.09 | 3.58 | 4.75 | 5.00 | 5.74 |
|---|
Funding table 3A for 2022
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2022 | Jan-2024 | 4.37 | 4.96 | 4.95 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Dec-2023 | 4.21 | 4.86 | 4.87 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Nov-2023 | 4.02 | 4.73 | 4.75 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Oct-2023 | 3.82 | 4.59 | 4.63 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Sep-2023 | 3.62 | 4.46 | 4.52 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Aug-2023 | 3.42 | 4.33 | 4.43 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jul-2023 | 3.22 | 4.22 | 4.34 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jun-2023 | 3.03 | 4.11 | 4.27 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | May-2023 | 2.85 | 4.02 | 4.19 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Apr-2023 | 2.68 | 3.93 | 4.12 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Mar-2023 | 2.50 | 3.83 | 4.06 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Feb-2023 | 2.31 | 3.72 | 4.00 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jan-2023 | 2.13 | 3.62 | 3.93 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Dec-2022 | 1.95 | 3.50 | 3.85 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Nov-2022 | 1.76 | 3.36 | 3.76 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Oct-2022 | 1.57 | 3.21 | 3.66 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Sep-2022 | 1.41 | 3.09 | 3.58 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Aug-2022 | 1.27 | 2.99 | 3.51 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jul-2022 | 1.14 | 2.89 | 3.44 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jun-2022 | 1.02 | 2.80 | 3.38 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | May-2022 | 0.93 | 2.72 | 3.32 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Apr-2022 | 0.87 | 2.67 | 3.29 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Mar-2022 | 0.87 | 2.64 | 3.28 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Feb-2022 | 0.86 | 2.61 | 3.26 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Jan-2022 | 0.88 | 2.61 | 3.27 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Dec-2021 | 0.92 | 2.62 | 3.29 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Nov-2021 | 0.96 | 2.64 | 3.32 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Oct-2021 | 1.01 | 2.65 | 3.34 | 4.75 | 5.18 | 5.92 |
|---|
| 2022 | Sep-2021 | 1.07 | 2.68 | 3.36 | 4.75 | 5.18 | 5.92 |
|---|
Funding table 3A for 2021
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2021 | Jan-2023 | 2.13 | 3.62 | 3.93 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Dec-2022 | 1.95 | 3.50 | 3.85 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Nov-2022 | 1.76 | 3.36 | 3.76 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Oct-2022 | 1.57 | 3.21 | 3.66 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Sep-2022 | 1.41 | 3.09 | 3.58 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Aug-2022 | 1.27 | 2.99 | 3.51 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jul-2022 | 1.14 | 2.89 | 3.44 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jun-2022 | 1.02 | 2.80 | 3.38 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | May-2022 | 0.93 | 2.72 | 3.32 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Apr-2022 | 0.87 | 2.67 | 3.29 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Mar-2022 | 0.87 | 2.64 | 3.28 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Feb-2022 | 0.86 | 2.61 | 3.26 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jan-2022 | 0.88 | 2.61 | 3.27 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Dec-2021 | 0.92 | 2.62 | 3.29 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Nov-2021 | 0.96 | 2.64 | 3.32 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Oct-2021 | 1.01 | 2.65 | 3.34 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Sep-2021 | 1.07 | 2.68 | 3.36 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Aug-2021 | 1.13 | 2.70 | 3.38 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jul-2021 | 1.20 | 2.73 | 3.42 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jun-2021 | 1.27 | 2.77 | 3.45 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | May-2021 | 1.36 | 2.80 | 3.49 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Apr-2021 | 1.45 | 2.85 | 3.52 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Mar-2021 | 1.54 | 2.89 | 3.55 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Feb-2021 | 1.64 | 2.96 | 3.59 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Jan-2021 | 1.75 | 3.04 | 3.65 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Dec-2020 | 1.87 | 3.12 | 3.72 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Nov-2020 | 1.99 | 3.21 | 3.80 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Oct-2020 | 2.11 | 3.30 | 3.86 | 4.75 | 5.36 | 6.11 |
|---|
| 2021 | Sep-2020 | 2.22 | 3.38 | 3.92 | 4.75 | 5.36 | 6.11 |
|---|
Funding table 3A for 2020
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2020 | Jan-2022 | 0.88 | 2.61 | 3.27 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Dec-2021 | 0.92 | 2.62 | 3.29 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Nov-2021 | 0.96 | 2.64 | 3.32 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Oct-2021 | 1.01 | 2.65 | 3.34 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Sep-2021 | 1.07 | 2.68 | 3.36 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Aug-2021 | 1.13 | 2.70 | 3.38 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jul-2021 | 1.20 | 2.73 | 3.42 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jun-2021 | 1.27 | 2.77 | 3.45 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | May-2021 | 1.36 | 2.80 | 3.49 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Apr-2021 | 1.45 | 2.85 | 3.52 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Mar-2021 | 1.54 | 2.89 | 3.55 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Feb-2021 | 1.64 | 2.96 | 3.59 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jan-2021 | 1.75 | 3.04 | 3.65 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Dec-2020 | 1.87 | 3.12 | 3.72 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Nov-2020 | 1.99 | 3.21 | 3.80 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Oct-2020 | 2.11 | 3.30 | 3.86 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Sep-2020 | 2.22 | 3.38 | 3.92 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Aug-2020 | 2.33 | 3.46 | 3.98 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jul-2020 | 2.44 | 3.54 | 4.04 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jun-2020 | 2.54 | 3.61 | 4.09 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | May-2020 | 2.62 | 3.66 | 4.14 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Apr-2020 | 2.68 | 3.71 | 4.19 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Mar-2020 | 2.71 | 3.75 | 4.21 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Feb-2020 | 2.75 | 3.80 | 4.26 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Jan-2020 | 2.77 | 3.83 | 4.28 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Dec-2019 | 2.78 | 3.85 | 4.30 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Nov-2019 | 2.79 | 3.87 | 4.33 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Oct-2019 | 2.79 | 3.90 | 4.35 | 4.75 | 5.50 | 6.27 |
|---|
| 2020 | Sep-2019 | 2.79 | 3.92 | 4.38 | 4.75 | 5.50 | 6.27 |
|---|
Return to top
Funding table 3B: Pre-ARP 24-month average segment rates
Funding Tables 3B for Years: 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014
Funding table 3B for 2021
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2021 | Jan-2023 | 2.13 | 3.62 | 3.93 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Dec-2022 | 1.95 | 3.50 | 3.85 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Nov-2022 | 1.76 | 3.36 | 3.76 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Oct-2022 | 1.57 | 3.21 | 3.66 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Sep-2022 | 1.41 | 3.09 | 3.58 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Aug-2022 | 1.27 | 2.99 | 3.51 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jul-2022 | 1.14 | 2.89 | 3.44 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jun-2022 | 1.02 | 2.80 | 3.38 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | May-2022 | 0.93 | 2.72 | 3.32 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Apr-2022 | 0.87 | 2.67 | 3.29 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Mar-2022 | 0.87 | 2.64 | 3.28 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Feb-2022 | 0.86 | 2.61 | 3.26 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jan-2022 | 0.88 | 2.61 | 3.27 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Dec-2021 | 0.92 | 2.62 | 3.29 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Nov-2021 | 0.96 | 2.64 | 3.32 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Oct-2021 | 1.01 | 2.65 | 3.34 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Sep-2021 | 1.07 | 2.68 | 3.36 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Aug-2021 | 1.13 | 2.70 | 3.38 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jul-2021 | 1.20 | 2.73 | 3.42 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jun-2021 | 1.27 | 2.77 | 3.45 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | May-2021 | 1.36 | 2.80 | 3.49 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Apr-2021 | 1.45 | 2.85 | 3.52 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Mar-2021 | 1.54 | 2.89 | 3.55 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Feb-2021 | 1.64 | 2.96 | 3.59 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Jan-2021 | 1.75 | 3.04 | 3.65 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Dec-2020 | 1.87 | 3.12 | 3.72 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Nov-2020 | 1.99 | 3.21 | 3.80 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Oct-2020 | 2.11 | 3.30 | 3.86 | 3.32 | 4.79 | 5.47 |
|---|
| 2021 | Sep-2020 | 2.22 | 3.38 | 3.92 | 3.32 | 4.79 | 5.47 |
|---|
Funding table 3B for 2020
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2020 | Jan-2022 | 0.88 | 2.61 | 3.27 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Dec-2021 | 0.92 | 2.62 | 3.29 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Nov-2021 | 0.96 | 2.64 | 3.32 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Oct-2021 | 1.01 | 2.65 | 3.34 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Sep-2021 | 1.07 | 2.68 | 3.36 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Aug-2021 | 1.13 | 2.70 | 3.38 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jul-2021 | 1.20 | 2.73 | 3.42 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jun-2021 | 1.27 | 2.77 | 3.45 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | May-2021 | 1.36 | 2.80 | 3.49 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Apr-2021 | 1.45 | 2.85 | 3.52 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Mar-2021 | 1.54 | 2.89 | 3.55 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Feb-2021 | 1.64 | 2.96 | 3.59 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jan-2021 | 1.75 | 3.04 | 3.65 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Dec-2020 | 1.87 | 3.12 | 3.72 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Nov-2020 | 1.99 | 3.21 | 3.80 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Oct-2020 | 2.11 | 3.30 | 3.86 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Sep-2020 | 2.22 | 3.38 | 3.92 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Aug-2020 | 2.33 | 3.46 | 3.98 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jul-2020 | 2.44 | 3.54 | 4.04 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jun-2020 | 2.54 | 3.61 | 4.09 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | May-2020 | 2.62 | 3.66 | 4.14 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Apr-2020 | 2.68 | 3.71 | 4.19 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Mar-2020 | 2.71 | 3.75 | 4.21 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Feb-2020 | 2.75 | 3.80 | 4.26 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Jan-2020 | 2.77 | 3.83 | 4.28 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Dec-2019 | 2.78 | 3.85 | 4.30 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Nov-2019 | 2.79 | 3.87 | 4.33 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Oct-2019 | 2.79 | 3.90 | 4.35 | 3.64 | 5.21 | 5.94 |
|---|
| 2020 | Sep-2019 | 2.79 | 3.92 | 4.38 | 3.64 | 5.21 | 5.94 |
|---|
Funding table 3B for 2019
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2019 | Jan-2021 | 1.75 | 3.04 | 3.65 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Dec-2020 | 1.87 | 3.12 | 3.72 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Nov-2020 | 1.99 | 3.21 | 3.8 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Oct-2020 | 2.11 | 3.3 | 3.86 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Sep-2020 | 2.22 | 3.38 | 3.92 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Aug-2020 | 2.33 | 3.46 | 3.98 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jul-2020 | 2.44 | 3.54 | 4.04 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jun-2020 | 2.54 | 3.61 | 4.09 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | May-2020 | 2.62 | 3.66 | 4.14 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Apr-2020 | 2.68 | 3.71 | 4.19 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Mar-2020 | 2.71 | 3.75 | 4.21 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Feb-2020 | 2.75 | 3.8 | 4.26 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jan-2020 | 2.77 | 3.83 | 4.28 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Dec-2019 | 2.78 | 3.85 | 4.30 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Nov-2019 | 2.79 | 3.87 | 4.33 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Oct-2019 | 2.79 | 3.90 | 4.35 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Sep-2019 | 2.79 | 3.92 | 4.38 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Aug-2019 | 2.78 | 3.94 | 4.41 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jul-2019 | 2.76 | 3.95 | 4.43 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jun-2019 | 2.74 | 3.96 | 4.44 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | May-2019 | 2.71 | 3.96 | 4.45 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Apr-2019 | 2.68 | 3.95 | 4.46 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Mar-2019 | 2.65 | 3.95 | 4.48 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Feb-2019 | 2.60 | 3.94 | 4.49 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Jan-2019 | 2.55 | 3.93 | 4.49 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Dec-2018 | 2.50 | 3.92 | 4.50 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Nov-2018 | 2.43 | 3.89 | 4.49 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Oct-2018 | 2.35 | 3.85 | 4.47 | 3.74 | 5.35 | 6.11 |
|---|
| 2019 | Sep-2018 | 2.28 | 3.81 | 4.46 | 3.74 | 5.35 | 6.11 |
|---|
Funding table 3B for 2018
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2018 | Jan-2020 | 2.77 | 3.83 | 4.28 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Dec-2019 | 2.78 | 3.85 | 4.30 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Nov-2019 | 2.79 | 3.87 | 4.33 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Oct-2019 | 2.79 | 3.90 | 4.35 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Sep-2019 | 2.79 | 3.92 | 4.38 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Aug-2019 | 2.78 | 3.94 | 4.41 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jul-2019 | 2.76 | 3.95 | 4.43 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jun-2019 | 2.74 | 3.96 | 4.44 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | May-2019 | 2.71 | 3.96 | 4.45 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Apr-2019 | 2.68 | 3.95 | 4.46 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Mar-2019 | 2.65 | 3.95 | 4.48 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Feb-2019 | 2.60 | 3.94 | 4.49 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jan-2019 | 2.55 | 3.93 | 4.49 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Dec-2018 | 2.50 | 3.92 | 4.50 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Nov-2018 | 2.43 | 3.89 | 4.49 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Oct-2018 | 2.35 | 3.85 | 4.47 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Sep-2018 | 2.28 | 3.81 | 4.46 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Aug-2018 | 2.21 | 3.77 | 4.45 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jul-2018 | 2.14 | 3.73 | 4.44 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jun-2018 | 2.07 | 3.70 | 4.43 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | May-2018 | 2.00 | 3.68 | 4.44 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Apr-2018 | 1.94 | 3.66 | 4.44 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Mar-2018 | 1.89 | 3.66 | 4.46 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Feb-2018 | 1.84 | 3.66 | 4.49 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Jan-2018 | 1.81 | 3.68 | 4.53 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Dec-2017 | 1.79 | 3.70 | 4.56 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Nov-2017 | 1.77 | 3.73 | 4.60 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Oct-2017 | 1.76 | 3.74 | 4.63 | 3.92 | 5.52 | 6.29 |
|---|
| 2018 | Sep-2017 | 1.75 | 3.76 | 4.66 | 3.92 | 5.52 | 6.29 |
|---|
Funding table 3B for 2017
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2017 | Jan-2019 | 2.55 | 3.93 | 4.49 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Dec-2018 | 2.50 | 3.92 | 4.50 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Nov-2018 | 2.43 | 3.89 | 4.49 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Oct-2018 | 2.35 | 3.85 | 4.47 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Sep-2018 | 2.28 | 3.81 | 4.46 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Aug-2018 | 2.21 | 3.77 | 4.45 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jul-2018 | 2.14 | 3.73 | 4.44 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jun-2018 | 2.07 | 3.70 | 4.43 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | May-2018 | 2.00 | 3.68 | 4.44 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Apr-2018 | 1.94 | 3.66 | 4.44 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Mar-2018 | 1.89 | 3.66 | 4.46 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Feb-2018 | 1.84 | 3.66 | 4.49 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jan-2018 | 1.81 | 3.68 | 4.53 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Dec-2017 | 1.79 | 3.70 | 4.56 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Nov-2017 | 1.77 | 3.73 | 4.60 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Oct-2017 | 1.76 | 3.74 | 4.63 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Sep-2017 | 1.75 | 3.76 | 4.66 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Aug-2017 | 1.73 | 3.78 | 4.69 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jul-2017 | 1.72 | 3.80 | 4.72 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jun-2017 | 1.71 | 3.83 | 4.75 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | May-2017 | 1.68 | 3.83 | 4.77 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Apr-2017 | 1.65 | 3.82 | 4.76 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Mar-2017 | 1.62 | 3.80 | 4.75 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Feb-2017 | 1.60 | 3.79 | 4.74 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Jan-2017 | 1.57 | 3.77 | 4.73 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Dec-2016 | 1.55 | 3.76 | 4.73 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Nov-2016 | 1.53 | 3.76 | 4.74 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Oct-2016 | 1.52 | 3.78 | 4.76 | 4.16 | 5.72 | 6.48 |
|---|
| 2017 | Sep-2016 | 1.52 | 3.80 | 4.79 | 4.16 | 5.72 | 6.48 |
|---|
Funding table 3B for 2016
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2016 | Jan-2018 | 1.81 | 3.68 | 4.53 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Dec-2017 | 1.79 | 3.70 | 4.56 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Nov-2017 | 1.77 | 3.73 | 4.60 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Oct-2017 | 1.76 | 3.74 | 4.63 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Sep-2017 | 1.75 | 3.76 | 4.66 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Aug-2017 | 1.73 | 3.78 | 4.69 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jul-2017 | 1.72 | 3.80 | 4.72 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jun-2017 | 1.71 | 3.83 | 4.75 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | May-2017 | 1.68 | 3.83 | 4.77 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Apr-2017 | 1.65 | 3.82 | 4.76 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Mar-2017 | 1.62 | 3.80 | 4.75 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Feb-2017 | 1.60 | 3.79 | 4.74 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jan-2017 | 1.57 | 3.77 | 4.73 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Dec-2016 | 1.55 | 3.76 | 4.73 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Nov-2016 | 1.53 | 3.76 | 4.74 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Oct-2016 | 1.52 | 3.78 | 4.76 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Sep-2016 | 1.52 | 3.80 | 4.79 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Aug-2016 | 1.51 | 3.83 | 4.82 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jul-2016 | 1.51 | 3.86 | 4.86 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jun-2016 | 1.50 | 3.88 | 4.89 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | May-2016 | 1.48 | 3.90 | 4.90 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Apr-2016 | 1.47 | 3.92 | 4.92 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Mar-2016 | 1.46 | 3.93 | 4.94 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Feb-2016 | 1.43 | 3.94 | 4.96 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Jan-2016 | 1.41 | 3.96 | 4.97 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Dec-2015 | 1.39 | 3.98 | 5.00 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Nov-2015 | 1.36 | 3.99 | 5.02 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Oct-2015 | 1.35 | 4.01 | 5.04 | 4.43 | 5.91 | 6.65 |
|---|
| 2016 | Sep-2015 | 1.34 | 4.03 | 5.06 | 4.43 | 5.91 | 6.65 |
|---|
Funding table 3B for 2015
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2015 | Jan-2017 | 1.57 | 3.77 | 4.73 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Dec-2016 | 1.55 | 3.76 | 4.73 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Nov-2016 | 1.53 | 3.76 | 4.74 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Oct-2016 | 1.52 | 3.78 | 4.76 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Sep-2016 | 1.52 | 3.80 | 4.79 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Aug-2016 | 1.51 | 3.83 | 4.82 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jul-2016 | 1.51 | 3.86 | 4.86 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jun-2016 | 1.50 | 3.88 | 4.89 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | May-2016 | 1.48 | 3.90 | 4.90 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Apr-2016 | 1.47 | 3.92 | 4.92 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Mar-2016 | 1.46 | 3.93 | 4.94 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Feb-2016 | 1.43 | 3.94 | 4.96 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jan-2016 | 1.41 | 3.96 | 4.97 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Dec-2015 | 1.39 | 3.98 | 5.00 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Nov-2015 | 1.36 | 3.99 | 5.02 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Oct-2015 | 1.35 | 4.01 | 5.04 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Sep-2015 | 1.34 | 4.03 | 5.06 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Aug-2015 | 1.32 | 4.06 | 5.09 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jul-2015 | 1.31 | 4.07 | 5.10 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jun-2015 | 1.30 | 4.07 | 5.11 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | May-2015 | 1.28 | 4.07 | 5.11 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Apr-2015 | 1.26 | 4.07 | 5.13 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Mar-2015 | 1.25 | 4.08 | 5.15 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Feb-2015 | 1.23 | 4.10 | 5.18 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Jan-2015 | 1.22 | 4.11 | 5.20 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Dec-2014 | 1.20 | 4.10 | 5.20 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Nov-2014 | 1.18 | 4.08 | 5.18 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Oct-2014 | 1.17 | 4.07 | 5.17 | 4.72 | 6.11 | 6.81 |
|---|
| 2015 | Sep-2014 | 1.15 | 4.06 | 5.15 | 4.72 | 6.11 | 6.81 |
|---|
Funding table 3B for 2014
| | 24-month average segment rates not adjusted for 25-year averages | Post-ARP/IIJA adjusted 24-month average segment rates |
|---|
| For plan years beginning in | Applicable month | First segment | Second segment | Third segment | First segment | Second segment | Third segment |
|---|
| 2014 | Jan-2016 | 1.41 | 3.96 | 4.97 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Dec-2015 | 1.39 | 3.98 | 5.00 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Nov-2015 | 1.36 | 3.99 | 5.02 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Oct-2015 | 1.35 | 4.01 | 5.04 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Sep-2015 | 1.34 | 4.03 | 5.06 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Aug-2015 | 1.32 | 4.06 | 5.09 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jul-2015 | 1.31 | 4.07 | 5.10 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jun-2015 | 1.30 | 4.07 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | May-2015 | 1.28 | 4.07 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Apr-2015 | 1.26 | 4.07 | 5.13 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Mar-2015 | 1.25 | 4.08 | 5.15 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Feb-2015 | 1.23 | 4.10 | 5.18 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jan-2015 | 1.22 | 4.11 | 5.20 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Dec-2014 | 1.20 | 4.10 | 5.20 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Nov-2014 | 1.18 | 4.08 | 5.18 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Oct-2014 | 1.17 | 4.07 | 5.17 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Sep-2014 | 1.15 | 4.06 | 5.15 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Aug-2014 | 1.15 | 4.06 | 5.14 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jul-2014 | 1.14 | 4.04 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jun-2014 | 1.16 | 4.04 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | May-2014 | 1.18 | 4.05 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Apr-2014 | 1.19 | 4.06 | 5.11 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Mar-2014 | 1.20 | 4.06 | 5.10 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Feb-2014 | 1.22 | 4.06 | 5.09 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Jan-2014 | 1.25 | 4.06 | 5.08 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Dec-2013 | 1.28 | 4.05 | 5.07 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Nov-2013 | 1.31 | 4.05 | 5.05 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Oct-2013 | 1.35 | 4.05 | 5.05 | 4.99 | 6.32 | 6.99 |
|---|
| 2014 | Sep-2013 | 1.37 | 4.05 | 5.06 | 4.99 | 6.32 | 6.99 |
|---|
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Amendments to Code provisions for segment rates
The Code provisions specifying the required segment rates have been amended several times, by:
- Moving Ahead for Progress in the 21st Century Act (MAP-21) - added IRC 430(h)(2)(C)(iv) and requires that the 24-month average segment rates be adjusted by the applicable maximum and applicable minimum percentages of 25-year average segment rates.
- Highway and Transportation Funding Act of 2014 (HATFA) Section 2003(a) - amended the applicable percentages under IRC 430(h)(2)(C)(iv)
- Bipartisan Budget Act of 2015 (BBA) Section 504 - amended the applicable percentages again, generally effective for plan years beginning after December 31, 2015.
- American Rescue Plan Act of 2021 (ARP) Section 9706(a) - amended the applicable percentages as well as the determination of the 25-year average segment rates, generally effective for plan years beginning after 2019. However, for plan years beginning before 2022, plan sponsors may elect under ARP Section 9706(c)(2) to not apply the changes under Section 9706(a).
- Infrastructure Investment and Jobs Act (IIJA). Section 80602(a) - amended the applicable percentages.
Pre-ARP rules
Under ARP Section 9706(c)(2) the plan sponsor may elect not to apply the segment rates as revised by ARP Section 9706(a) for a plan year beginning in 2020 or 2021 either for all purposes, or for only certain purposes.
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Plans not subject to standard segment rate rules
These plans are not subject to the ARP provisions noted above:
- Plans noted in the Pension Protection Act of 2006 Section 402
- CSEC plans under IRC 414(y)
- Plans that elect to use the full yield curve under IRC Section 430(h)(2)(D)(ii) in place of the segment rates.
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Pre-2014 segment rates
For segment rates for plan years before 2014, and for certain electing plans under HATFA and BBA, see the Historical Funding Segment Rate Tables.
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