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Deposit / Redeposit Service Interest Rates

Deposit and redeposit service is subject to interest based on when the service

was performed (for deposit service) or when the employee made application for

the refund.

  • Rate of 4% through 12-31-1947

  • Rate of 3% from 1-1-1948 through 12-31-1984

  • A variable interest rate thereafter, compounded annually.

Variable Interest Rates for Deposit/Redeposit

Service

Years

Percentage Rates

2008 4.75%

2007

4.875%

2006

4.125%

2005

4.375%

2004

3.875%

2003

5%

2002

5.5%

2001

6.375%

2000

5.875%

1999

5.75%

1998

6.75 %

1997

6.875%

1996

6.875%

1995

7%

1994

6.250%

1993

7.125%

1992

8.125%

1991

8.625%

1990

8.750%

1989

9.125%

1988

8.375%

1987

9%

1986

11.125%

1985

13%

1948-1984

3%

Before 1948

4%



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