Interim Interest Crediting Rates
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| If someone retires or leaves partway through the year, and withdraws from the Fund, the trustees need to assess how much their payout should be, including the gains accumulated in the year to date. To aid their assessment, the trustees commission an ongoing calculation on a monthly basis, and this is known as the Interim Interest Crediting Rate. Above is a graph showing the cumulative progress of the rate during the year. |
