The Interest Crediting topic defines the rules for interest crediting within a cash balance type accrual definition. There are five tabs of parameters:

• Structure defines the current crediting rate, the crediting frequency, and rounding rules for the interest rate.

• Adjustments defines adjustments to the interest crediting rate such as, historical crediting rate overrides, minimum crediting rates and maximum crediting rates.

• Active Rate Change defines any interest crediting rate changes upon a participant’s satisfaction of an eligibility condition.

• Projection defines how to project the interest crediting rate to commencement.

• Accruals controls the parsing of accruals for intra-plan year crediting periods, and also how the interest credit is applied to the accruals.

• Miscellaneous currently has only one parameter regarding daily interest crediting.