Public Sector Superannuation Reform Regulations 2017
185Fixing of interest rates
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185 Fixing of interest rates
(1) The Commission, at least annually, is to calculate and determine interest rates in respect of the SFCS Fund, having regard to –
(a) the earning rates of the SFCS Fund; and
(b) the Commission’s investment strategy and policy; and
(c) any allowances for unrealised capital gains or losses; and
(d) the costs, in relation to the SFCS Scheme, of administration, investment management, taxation and other expenses the Commission has paid or is likely to pay.
(2) The Commission, at least annually, is to credit to a member’s account or accounts interest under this regulation.