IRS ANNOUNCES JANUARY 1995 FULL FUNDING LIMITATION RATES.

Notice 95-6

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 section 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 30-year Treasury Constant Maturities for December 1994 is 7.87 percent.

The following rates were determined for the plan years beginning in the month shown below.

                                        90% to 109%    90% to 110%

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).