Interest Rates Used for Computation of Back Pay
FIRST DAY OF QUARTER: |
ANNUAL INTEREST RATE: |
January 1, 2025 |
7 |
October 1, 2024 |
8 |
July 1, 2024 |
8 |
April 1, 2024 |
8 |
January 1, 2024 |
8 |
October 1, 2023 |
8 |
July 1, 2023 |
7 |
April 1, 2023 |
7 |
January 1, 2023 |
7 |
October 1, 2022 |
6 |
July 1, 2022 |
5 |
April 1, 2022 |
4 |
January 1, 2022 |
3 |
October 1, 2021 |
3 |
July 1, 2021 |
3 |
April 1, 2021 |
3 |
January 1, 2021 |
3 |
October 1, 2020 |
3 |
July 1, 2020 |
3 |
April 1, 2020 |
5 |
January 1, 2020 |
5 |
October 1, 2019 |
5 |
July 1, 2019 |
5 |
April 1, 2019 |
6 |
January 1, 2019 |
6 |
October, 1, 2018 |
5 |
July, 1, 2018 |
5 |
April 1, 2018 |
5 |
January 1, 2018 |
4 |
October 1, 2017 |
4 |
July 1, 2017 |
4 |
April 1, 2017 |
4 |
January 1, 2017 |
4 |
October 1, 2016 |
4 |
July 1, 2016 |
4 |
April 1, 2016 |
4 |
January 1, 2016 |
3 |
October 1, 2015 |
3 |
July 1, 2015 |
3 |
April 1, 2015 |
3 |
January 1, 2015 |
3 |
October 1, 2014 |
3 |
July 1, 2014 |
3 |
April 1, 2014 |
3 |
January 1, 2014 |
3 |
October 1, 2013 |
3 |
July 1, 2013 |
3 |
April 1, 2013 |
3 |
January 1, 2013 |
3 |
October 1, 2012 |
3 |
July 1, 2012 |
3 |
April 1, 2012 |
3 |
January 1, 2012 |
3 |
October 1, 2011 |
3 |
July 1, 2011 |
4 |
April 1, 2011 |
4 |
January 1, 2011 |
3 |
October 1, 2010 |
4 |
July 1, 2010 |
4 |
April 1, 2010 |
4 |
January 1, 2010 |
4 |
October 1, 2009 |
4 |
July 1, 2009 |
4 |
April 1, 2009 |
4 |
January 1, 2009 |
5 |
October 1, 2008 |
6 |
July 1, 2008 |
5 |
April 1, 2008 |
6 |
January 1, 2008 |
7 |
October 1, 2007 |
8 |
July 1, 2007 |
8 |
April 1, 2007 |
8 |
January 1, 2007 |
8 |
October 1, 2006 |
8 |
July 1, 2006 |
8 |
April 1, 2006 |
7 |
January 1, 2006 |
7 |
October 1, 2005 |
7 |
July 1, 2005 |
6 |
April 1, 2005 |
6 |
January 1, 2005 |
5 |
October 1, 2004 |
5 |
July 1, 2004 |
4 |
April 1, 2004 |
5 |
January 1, 2004 |
4 |
October 1, 2003 |
4 |
July 1, 2003 |
5 |
April 1, 2003 |
5 |
January 1, 2003 |
5 |
October 1, 2002 |
6 |
July 1, 2002 |
6 |
April 1, 2002 |
6 |
January 1, 2002 |
6 |
October 1, 2001 |
7 |
July 1, 2001 |
7 |
April 1, 2001 |
8 |
January 1, 2001 |
9 |
October 1, 2000 |
9 |
July 1, 2000 |
9 |
April 1, 2000 |
9 |
January 1, 2000 |
8 |
October 1, 1999 |
8 |
July, 1, 1999 |
8 |
April 1, 1999 |
8 |
January 1, 1999 |
7 |
October 1, 1998 |
7 |
July 1, 1998 |
7 |
April 1, 1998 |
7 |
January 1, 1998 |
8 |
October 1, 1997 |
8 |
July 1, 1997 |
8 |
April 1, 1997 |
8 |
January 1, 1997 |
8 |
October 1, 1996 |
8 |
July 1, 1996 |
8 |
April 1, 1996 |
7 |
January 1, 1996 |
8 |
October 1, 1995 |
8 |
July 1, 1995 |
8 |
April 1, 1995 |
9 |
January 1, 1995 |
8 |
October 1, 1994 |
8 |
July 1, 1994 |
7 |
April 1, 1994 |
6 |
January 1, 1994 |
6 |
October 1, 1993 |
6 |
July 1, 1993 |
6 |
April 1, 1993 |
6 |
January 1, 1993 |
6 |
October 1, 1992 |
6 |
July 1, 1992 |
7 |
April 1, 1992 |
7 |
January 1, 1992 |
8 |
October 1, 1991 |
9 |
July 1, 1991 |
9 |
April 1, 1991 |
9 |
January 1, 1991 |
10 |
October 1, 1990 |
10 |
July 1, 1990 |
10 |
April 1, 1990 |
10 |
January 1, 1990 |
10 |
October 1, 1989 |
10 |
July 1, 1989 |
11 |
April 1, 1989 |
11 |