Crediting rates

Calculating investment returns

1. LUCRF values assets weekly and uses weekly rates to allocate net investment earnings to members.
2. Valuations typically occur each Monday during the month and at month end.
3. Valuations may not occur on a Monday for the following reasons:
   1. When the first Monday of the month is within the first three business days of the month, the valuation is typically deferred to the following Monday.
   2. When the last Monday of the month is within the last three business days of the month, the valuation is typically deferred to month end.
   3. Where Monday is a public holiday, investments will be valued on the next business day.
4. The valuation process uses the closing prices in the Australian and overseas markets in which we have investments. Unlisted investments and real estate assets are valued less frequently. We use the most recent valuation available.
5. These rates allocate net investment earnings to members based on daily account balances. Investment returns are applied to members’ accounts:
   1. When a benefit is paid,
   2. When an accumulation balance is transferred to a pension account,
   3. When a change to investment options is processed, and
6. Effective 30 June each year.
7. Financial year to date and historical rates are shown on this website.

How are rates of return determined for payouts or rollovers during a year?

Rollover and Other Benefit Payments

Where members request rollovers to other superannuation funds, full or partial benefit payments, Departing Australia Superannuation Payments (DASP), Death and Total & Permanent Disablement payments, they will receive the latest rates (post date of receipt of the benefit payment request) and then the net cash rate to the date of payment.

Compassionate and Financial Hardship Payments and Under $200 Releases

These payments will receive the most recent rate and then the net cash rate to the date of payment.

NOTE: The net cash rate is the after-tax rate determined by LUCRF Super.