News & Seminars

Interest Credit Announcement for July to December 2017
John M. Preis, President and CEO

At the May 18, 2017 meeting of the Fund’s Board of Trustees, the Board approved 4% annualized compound interest to participants from July 1, 2017 through December 31, 2017. 

This interest credit decision was based on improved portfolio performance and global market conditions. The Fund remains focused on having a well-diversified portfolio and is working towards a fully funded condition that is built for the long-term. 

The interest credit decision for January 1, 2018 through June 30, 2018 will be made and announced at the November 16, 2017 Fund's Board of Trustees meeting.