Stable Value Fund Crediting Rate
For January 2012, the annualized crediting rate for the Stable Value Fund was:
2.63%
Interest is determined daily and credited to participants’ accounts at the end of each month and/or whenever they withdraw or transfer their entire balance from the Stable Value Fund.
Effective June 1, 2010, the General Board discontinued estimating and setting the Stable Value Fund crediting rate at the beginning of each month. Instead, the crediting rate will be determined based on the actual daily interest earned by the underlying fund assets. The crediting rate, reflecting actual interest earned that month, will be posted to this page at the end of the month.
This change aligns with industry standards and does not affect the management of Stable Value Fund assets. The General Board will continue crediting Stable Value Fund interest to participants’ accounts at the end of each month and/or whenever they withdraw or transfer their entire balance from this fund.
Historical annualized crediting rate:
| 2011 |
| December |
2.62% |
| November |
2.68% |
| October |
2.78% |
| September |
2.94% |
| August |
2.90% |
| July |
2.86% |
| June |
2.92% |
| May |
3.04% |
| April |
3.07% |
| March |
3.00% |
| February |
2.87% |
| January |
3.16% |
| 2010 |
| December |
3.16% |
| November |
3.26% |
| October |
3.35% |
| September |
3.35% |
| August |
3.35% |
| July |
3.43% |
| June |
3.47% |
| May |
3.58% |
| April |
3.63% |
| March |
3.63% |
| February |
3.68% |
| January |
3.73% |
| 2009 |
| December |
3.88% |
| November |
3.93% |
| October |
3.93% |
| September |
3.88% |
| August |
3.81% |
| July |
3.80% |
| June |
3.50% |
| May |
3.45% |
| April |
3.50% |
| March |
3.60% |
| February |
3.70% |
| January |
3.70% |
| 2008 |
| December |
4.25% |
| November |
4.23% |
| October |
4.28% |
| September |
4.35% |
| August |
4.40% |
| July |
4.45% |
| June |
4.45% |
| May |
4.45% |
| April |
4.50% |
| March |
4.50% |
| February |
4.50% |
| January |
4.53% |
| 2007 |
| December |
4.58% |
| November |
4.53% |
| October |
4.53% |
| September |
4.53% |
| August |
4.53% |
| July |
4.48% |
| June |
4.58% |
| May |
4.58% |
| April |
4.63% |
| March |
4.53% |
| February |
4.53% |
| January '07 |
4.53% |
| 2006 |
| December |
4.37% |
| November |
4.44% |
| October |
4.47% |
| September |
4.42% |
| August |
4.45% |
| July |
4.40% |
| June |
4.36% |
| May |
4.34% |
| April |
4.34% |
| March |
4.23% |
| February |
4.11% |
| January |
4.06% |
| 2005 |
| December |
3.99% |
| November |
3.99% |
| October |
4.04% |
| September |
3.94% |
| August |
3.85% |
| July |
3.80% |
| June |
3.68% |
| May |
3.65% |
| April |
3.65% |
| March |
3.70% |
| February |
3.75% |
| January |
3.75% |
| 2004 |
| December |
3.65% |
| November |
3.58% |
| October |
3.52% |
| September |
3.45% |
| August |
3.23% |
| July |
3.20% |
| June |
3.25% |
| May |
3.13% |
| April |
3.10% |
| March |
3.28% |
| February |
3.30% |
| January |
3.35% |
| 2003 |
| December |
3.35% |
| November |
3.31% |
| October |
3.31% |
| September |
3.16% |
| August |
3.01% |
| July |
3.01% |
| June |
2.91% |
| May |
2.91% |
| April |
2.91% |
| March |
3.11% |
| February |
3.18% |
| January |
3.34% |
| 2002 |
| December |
4.09% |
| November |
4.09% |
| 
