Most defined benefit members are not affected by investment returns, as the final benefit is determined by a formula based on your salary, contribution rate, and length of membership.
The crediting rates are net of fees deducted for management, insurance, and tax expenses, and apply to your personal contributions for your defined benefit account, but do not affect the final benefit you will receive. The details below are provided as information to members as part of our commitment to comprehensive reporting.
Investment returns^
| Year |
Defined Benefit |
State |
Police |
| |
Net earning rate |
Crediting rate* |
Net earning rate |
Resig-nation crediting rate* |
Preserv-
ation crediting rate |
Net earning rate |
Resig-nation crediting rate |
Preserv-
ation crediting rate* |
| 2007/08 |
-1.86% |
-3.61% |
-1.86% |
-4.01% |
-3.61% |
-1.86% |
-4.01% |
-3.61% |
| 2006/07 |
14.17% |
16.30% |
14.17% |
13.78% |
14.18% |
14.17% |
13.78% |
14.18% |
| 2005/06 |
16.67% |
12.87% |
16.67% |
12.47% |
12.87% |
16.67% |
12.47% |
12.87% |
| 2004/05 |
16.57% |
15.38% |
16.57% |
14.98% |
15.38% |
16.57% |
14.98% |
15.38% |
| 2003/04 |
18.76% |
15.26% |
18.76% |
14.86% |
15.26% |
18.76% |
14.86% |
15.26% |
5 year
p.a. ~ |
12.60% |
10.97% |
12.60% |
10.16% |
10.56% |
12.60% |
10.16% |
10.56% |