Pension Benefit Guaranty Corporation 
Benefit Guarantees Frequently Asked Questions
(Information courtesy of PBGC website http://www.pbgc.gov/default.htm)

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PBGC MAXIMUM MONTHLY GUARANTEES

Examples of the maximum guarantee for a single life annuity with no survivor benefits are shown for retirement at ages 65, 62, 60 or 55. The maximum is lower if the benefit is paid in a form other than for a single life annuity, such as a form that provides for survivor benefits. The pension benefit that PBGC can pay will depend on your age, the provisions of your plan, the form of your benefit, the legal limits on what PBGC can guarantee, and amounts PBGC recovers from employers for plan underfunding. 

Maximum Monthly Guarantee

Year Plan Terminated

Monthly Guarantee Limit At Age 65

Monthly Guarantee Limit At Age 62

Monthly Guarantee Limit At Age 60

Monthly Guarantee Limit At Age 55

2003

$3,664.77

$2,895.17

$2,382.10

$1,649.15

2002

$3,579.55

$2,827.84

$2,326.71

$1,610.80

2001

$3,392.05

$2,679.72

$2,204.83

$1,526.42

2000

$3,221.59

$2,545.06

$2,094.03

$1,449.72

1999

$3,051.14

$2,410.40

$1,983.24

$1,373.01

1998

$2,880.68

$2,275.74

$1,872.44

$1,296.31

1997

$2,761.36

$2,181.47

$1,794.88

$1,242.61

1996

$2,642.05

$2,087.22

$1,717.33

$1,188.92

1995

$2,573.86

$2,033.35

$1,673.01

$1,158.24

1994

$2,556.82

$2,019.89

$1,661.93

$1,150.57

1993

$2,437.50

$1,925.63

$1,584.38

$1,096.88

1992

$2,352.27

$1,858.29

$1,528.98

$1,058.52

1991

$2,250.00

$1,777.50

$1,462.50

$1,012.50

1990

$2,164.77

$1,710.17

$1,407.10

$974.15

1989

$2,028.41

$1,602.44

$1,318.47

$912.78

1988

$1,909.09

$1,508.18

$1,240.91

$859.09

1987

$1,857.95

$1,467.78

$1,207.67

$836.08

1986

$1,789.77

$1,413.92

$1,163.35

$805.40

1985

$1,687.50

$1,333.13

$1,096.88

$759.38

1984

$1,602.27

$1,265.79

$1,041.48

$721.02

1983

$1,517.05

$1,198.47

$986.08

$682.67

1982

$1,380.68

$1,090.74

$897.44

$621.31

1981

$1,261.36

$996.47

$819.88

$567.61

1980

$1,159.09

$915.68

$753.41

$521.59

1979

$1,073.86

$848.35

$698.01

$483.24

1978

$1,005.68

$794.49

$653.69

$452.56

1977

$937.50

$740.63

$609.38

$421.88

1976

$869.32

$686.76

$565.06

$391.19

1975

$801.14

$632.90

$520.74

$360.51

1974

$750.00

$592.50

$487.50

$337.50