If you leave your PERA-covered job and refund your PERA member account you will receive the interest earned as part of your refund. The interest rate is set by PERA’s Board of Trustees and is subject to change annually.
History of Interest Rate Changes*
|Dates||Interest Rate Compounded Annually|
|January 1, 2009-present||3.00%|
|July 1, 2004-December 31, 2008||5.00%|
|January 1, 2004-June 30, 2004||6.80%|
|January 1, 1997-December 31, 2003||7.00%|
|July 1, 1995-December 31, 1996||6.80%|
* On January 1, 2010, the Denver Public Schools Retirement System (DPSRS) merged with PERA and as of January 1, 2010, DPSRS ceased to exist. As of January 1, 2010, DPSRS accounts are now PERA accounts under the DPS benefit structure and will earn the same rate in effect for all PERA accounts.