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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (761830)1/6/2014 5:47:33 PM
From: Wharf Rat  Read Replies (1) of 1574384
 
Sorry to burst yer bubble, but it is our national pension plan

"it was never really invested."

Of course it was.
What interest rate do the trust funds' assets earn?

The rate of interest on special issues is determined by a formula enacted in 1960. The rate is determined at the end of each month and applies to new investments in the following month.

The numeric average of the 12 monthly interest rates for 2012 was 1.458 percent. The annual effective interest rate (the average rate of return on all investments over a one-year period) for the OASI and DI Trust Funds, combined, was 4.091 percent in 2012. This higher effective rate resulted because the funds hold special-issue bonds acquired in past years when interest rates were higher.

Let's hope there are still some bonds around from the early 80's that paying 15% or so.
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