Current Rate definition
Examples of Current Rate in a sentence
All contributions allocated to the Interest Accumulation Account shall be credited with interest at the Current Rate of Interest.
May 2019 Depreciation Rates Description Current Rate Proposed Rate eff.
On January 1, 2014 and annually thereafter, the Current Rate shall be increased (but not decreased) by the same percentage, if any, equal to any upward change in the Producer Price Index for Finished Goods, as reported by the U.S. Bureau of Labor Statistics, during the preceding year.
The Current Rate of Interest shall at all times be at least equal to the Guaranteed Rate of Interest.
Any amount delayed will, as long as it is held under the Fixed Account, continue to earn interest at the Current Rate then in effect until the applicable Guarantee Period in effect has ended, and not less than the Guaranteed Rate on an annual basis thereafter.