I a have a question on where I can find the Treasury Constant Maturity Rate.My pension interest is keyed off of this.From my plan Document:The plan's interest rate is fixed each January 1 atthe average of the annual interest rates on the one-year U.S. Treasury Constant Maturity, duringthe preceding months of August, September and October, rounded to the nearest 10th of apercent plus 1%.?? The 2007 monthly interest crediting rate is 0.4868% (6.0% annual rate).?? The 2006monthly interest crediting rate was 0.4074% (5.0% annual rate).?? The 2005 monthly interest crediting rate was 0.2547% (3.1% annual rate).The 2008 annual rate is 5.2%.How do I figure the 2009 rate so I can decide when to start collecting.A 1% swing in this rate is more than $600 a month to me. in setting my annuity.I know I can't be sure until the end of October but where is it now?Thanks,Mike
Have you tried asking your Plan's Administratorsunraya man who believes in simple solutions
If you punch Treasury Constant Maturity Rate into Google, it comes right up--http://www.moneycafe.com/library/cmt.htm
Thanks, Got it.
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