Key Interest Rate Set

The interest paid in the voluntary contribution retirement savings program available to CSRS (but not FERS) employees will be 2 percent in 2015; this year’s rate is 1.625 percent. That rate also applies as the interest rate for required deposits and redeposits into the retirement fund to get credit for service for which no contributions were taken or for which refunds were received at a break in service, as well payments as to capture credit toward federal retirement for military service time, for those eligible.