Section 2. For Plan Years beginning before January 1, 2008, the applicable interest…
Publication 6165 — Defined Benefit Listing of Required Modifications and Information Package (LRM) · 2026-10-03 edition · updated 2026-10-04 · United States
the rate of interest on 30-year Treasury securities as specified by the Commissioner for the
lookback month for the stability period specified in the Adoption Agreement. For Plan Years
beginning on or after January 1, 2008, the applicable interest rate is defined as the adjusted first,
second and third segment rates described in Code § IRC 417(e)(3), as specified by the
Commissioner for the lookback month for the stability period specified in the Adoption
Agreement. For this purpose, the segment rates are the spot segment rates that would be
determined for the applicable month under Code § IRC 430(h)(2)(C) without the 24month
averaging under Code §I RC 430(h)(2)(D), and determined without regard to the adjustment for
the 25-year average segment rates provided in Code § IRC 430(h)(2)(C)(iv). For distributions
with annuity starting dates occurring during plan years beginning on or after January 1, 2008,
and before January 1, 2012, these segment rates are adjusted by blending with the rate of
interest for 30-year Treasury securities under the transition percentages specified in Code§ IRC
417(e)(3)(D)(iii).
The lookback month applicable to the stability period is the first, second, third, fourth, or fifth calendar month preceding the first day of the stability period, as specified in section ______ of the Adoption Agreement. The stability period is the successive period of one calendar month, one plan quarter, one calendar quarter, one plan year, or one calendar year, as specified in section _______ of the Adoption Agreement, which contains the annuity starting date for the distribution and for which the applicable interest rate remains constant.
Notwithstanding the election by the employer in section __________of the Adoption Agreement, a Plan amendment that changes the date for determining the applicable interest rate (including an indirect change as a result of a change in Plan Year), shall not be given effect with respect to any distribution during the period ending one year after the later of the amendment’s effective date or adoption date, if, during such period and as a result of such amendment, the Participant’s distribution would be reduced.
(Note to reviewer: The blanks above should be filled in with the corresponding Adoption Agreement section numbers at the end of this LRM #42.)
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