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Part III. Administrative, Procedural, and Miscellaneous
Internal Revenue Bulletin 1997-31 · 2026-10-03 edition · updated 2026-10-04 · United States
Drafting Information
The principal author of this notice is Donna Prestia of the Employee Plans Division. For further information regarding this notice, call (202) 622-6076 between 2:30 and 4:00 p.m. Eastern time (not a toll-free number). Ms. Prestia’s number is (202) 622-7377 (also not a toll-free number).
Weighted Average Interest Rate Update
Notice 97–44
Notice 88–73 provides guidelines for determining the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for the purpose of the full funding limitation of §412(c)(7) of the Internal Revenue Code as amended by the Omnibus Budget Reconciliation Act of 1987 and as further amended by
the Uruguay Round Agreements Act, Pub. L. 103–465 (GATT).
The average yield on the 30-year Treasury Constant Maturities for June 1997 is 6.77 percent. The following rates were determined for the plan years beginning in the month shown below.
90% to 107% 90% to 110% Weighted Permissible Permissible Month Year Average Range Range July 1997 6.86 6.18 to 7.34 6.18 to 7.55
1997–31 I.R.B. 15 August 4, 1997
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