Interest Posted to Member Accounts
Pursuant to its Interest Crediting Policy, VCERA posted 1.00% in interest to active and deferred member contribution accounts as of June 30, 2019. Only eligible member accounts in existence on December 31, 2018 received the interest payment.
Semiannually posted interest is based on a rate equal to half the 10-Year U.S. Treasury Note, as published in the Wall Street Journal at the close of business on June 30 or December 31. VCERA’s recent interest posting used the rate published on June 28, 2019.