SURS Facts – Interest Rate Charts

Effective Interest Rate Table (Board of Trustees’ Rate)

Prior to 09/01/63 3.00%
09/01/6308/31/66 3.50%
09/01/6608/31/73 4.50%
09/01/7308/31/75 8.00%
09/01/7508/31/76 7.00%
09/01/7608/31/77 6.00%
09/01/7708/31/78 6.50%
09/01/7808/31/79 6.75%
09/01/7908/31/80 7.00%
09/01/8008/31/88 8.00%
09/01/8808/31/89 7.50%
09/01/8908/31/96 8.00%
09/01/9608/31/97 8.50%
09/01/9708/31/98 9.00%
09/01/9808/31/99 9.50%
09/01/9908/31/02 10.00%
09/01/0208/31/03 9.00%
09/01/0308/31/04 8.00%
09/01/0406/30/05 8.00%
07/01/0506/30/09 8.50%
07/01/0906/30/10 8.00%
07/01/1006/30/13 7.50%
07/01/1306/30/17 7.00%
07/01/1706/30/21 6.50%
07/01/2106/30/22 6.00%
07/01/22-06/30/22 6.50%

The SURS board effective rate of interest is used in the calculation of:

  • Service credit purchases
  • Refunds of survivor contributions
  • Refunds of excess contributions
  • Traditional and Portable refunds
  • Lump-sum Portable retirements

Money Purchase Formula Interest Rates (Comptroller Rates)

07/01/05 – 06/30/06 8.50%
07/01/06 – 06/30/08 8.00%
07/01/08 – 06/30/0 8.50%
07/01/09 – 06/30/10 7.50%
07/01/10 – 06/30/11 7.00%
07/01/11 – 06/30/12 6.75%
07/01/12 – 06/30/13 6.50%
07/01/13 – 06/30/15 6.75%
07/01/15 – 06/30/16 7.00%
07/01/16 – 06/30/17 6.75%
07/01/17 – 06/30/18 6.50%
07/01/18 – 06/30/19 6.75%
07/01/19 – 06/30/20 6.50%
07/01/20 – 06/30/21 6.00%
07/01/21 – 06/30/22 5.50%
07/01/22 – 06/30/22 6.25%

The Comptroller rate is used in the calculation of normal contributions used in the Money Purchase calculation.