
A line chart published by The Seattle Times (byline: Mark Nowlin), sourced from SPEEA, shows IRS interest rates applicable to Boeing pension calculations rising from 0.53% in November 2020 to 3.67% by mid-2022, with projected further increases. The accompanying text notes that for a typical 60-year-old Boeing employee, a 1% rate increase reduces the lump-sum pension payout by approximately $78,000.Open full document
Notes
A line chart published by The Seattle Times (byline: Mark Nowlin), sourced from SPEEA, shows IRS interest rates applicable to Boeing pension calculations rising from 0.53% in November 2020 to 3.67% by mid-2022, with projected further increases. The accompanying text notes that for a typical 60-year-old Boeing employee, a 1% rate increase reduces the lump-sum pension payout by approximately $78,000.