News & Seminars

Announcing the Interest Credit for January to June 2019
The YMCA Retirement Fund’s Board of Trustees
approved interest credits for January 1 to June 30, 2019.

At the November 15, 2018 meeting of the YMCA Retirement Fund’s Board of Trustees, the Board approved Management’s recommendation of 4% annualized compound interest credits to participants for the 6-month period of January 1 to June 30, 2019.

The interest credit decision reflects the Board’s concerns regarding the economic outlook, investment markets, for which increased volatility is expected, and the Fund’s current funding level. The funding level is the ratio of the Fund’s assets to liabilities.

Our top priority is to protect our participants’ retirement savings by ensuring the long-term sustainability of the Fund’s Plans. We are confident that this long-term investment strategy will safeguard our participants’ account balances and will provide participants with a well-deserved lifetime annuity upon retirement.

The interest credit decision for the period of July 1 to December 31, 2019 will be made at the May 16, 2019 meeting of the Fund’s Board of Trustees.