Section 28-205 - Regular interest.
§ 28-205. Regular interest.
Regular interest is payable on member contributions until retirement or withdrawal of accumulated contributions at the rate of:
(1) 4% a year, compounded annually, for a member who has transferred from the Employees' Retirement System; or
(2) 5% a year, compounded annually, for each other member.
[An. Code 1957, art. 73B, § 10-207; 1994, ch. 6, § 2.]