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What is the Market Interest Rate and our Pension Accounts

 
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Omkara



Joined: 18 Feb 2006
Location: USA
PostPosted: Tue Mar 03, 2009 3:04 am    Post subject: What is the Market Interest Rate and our Pension Accounts Reply with quote
I'm trying to discover what the interest rate is on our pensions. I've learned that it is about the market interest rate.

I can deposit the same money into a time deposit account for about 3.5% right now, given the crisis. That would at least match the rate I'm paying on my student loans.

Is the market rate lower, higher?

Anyone have a solid number on our pension interest rate?
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