Interest Posted to Member Accounts
Pursuant to its Interest Crediting Policy, VCERA posted 0.96% in interest to active and deferred member contribution accounts as of December 31, 2019. Only eligible member accounts in existence on June 30, 2019 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 December 31, 2019.