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This field is used to determine which of the Pre Retirement Interest Rate or the Post Retirement Interest Rate is used for discounting post withdrawal and for Accrued Valuations. Select from the drop-down list which of the following options to use:

  • Use Post-Ret Int for Accrued/Wdls
  • Use Pre-Ret Int for Accrued/Wdls

The table below sets out which interest rate is used for each of the decrements under both scenarios.

Ongoing Valuation Using Pre Ret Int Rate Accrued Using Pre Ret Int Rate Ongoing Valuation Using Post Ret Int Rate Accrued Using Post Ret Int Rate
Retirement Pensions
- Pre Retirement Pre Pre Pre Post
- Post Retirement Post Post Post Post
Leaving Service Pension
- Pre Exit Pre n/a Pre n/a
- Exit to Retirement Pre n/a Post n/a
- Post Retirement Post n/a Post n/a
DIS Lump Sum Pre n/a Pre n/a
DIS Spouse’s
- Pre death Pre n/a Pre n/a
- Post death Post n/a Post n/a
DID Lump Sum
- Pre exit Pre Pre Pre Pre
- Exit to death Pre Pre
DID Spouse’s
- Pre Exit Pre Pre
- Exit to Death Pre Pre Pre Pre
- Post Death Post Post Post Post