Interest and mortality rates.
(2) Interest and mortality rates. Section 430(h)(2) and 1.430(h)(2)-1 set forth the interest rates, and section 430(h)(3) and 1.430(h)(3)-1 and 1.430(h)(3)-2 set forth the mortality tables, that must be used for purposes of determining any present value under this section. However, notwithstanding the requirement to use the mortality tables, in the case of a plan which has fewer than 100 participants and beneficiaries who are not in pay status, the actuarial assumptions may assume no pre-retirement mortality, but only if that assumption would be a reasonable assumption.