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RSA-1 DEFERRED COMPENSATION PLAN

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RSA-1 > RSA-1 Rates of Returns > PEIRAF Rates of Returns

PEIRAF Rates of Returns

The rates of returns for the Public Employees' Individual Retirement Account Fund (PEIRAF) for the past 12 months are posted below. Beginning December 1, 2021, PEIRAF members had the option of investing in Fixed, Equity, and STIF.

October 2023

  • Fixed - (1.20%)
  • Equity - (2.15%)
  • STIF - 0.47%

November 2023

  • Fixed - 4.25%
  • Equity - 9.14%
  • STIF - 0.46%

December 2023

  • Fixed - 3.45%
  • Equity - 4.58%
  • STIF - 0.47%

January 2024

  • Fixed - (0.07%)
  • Equity - 1.72%
  • STIF - 0.47%

February 2024

  • Fixed - (1.24%)
  • Equity - 5.21%
  • STIF - 0.44%

March 2024

  • Fixed - 1.01%
  • Equity - 3.28%
  • STIF - 0.47%

April 2024

  • Fixed - (2.27%)
  • Equity - (4.04%)
  • STIF - 0.45%

May 2024

  • Fixed - 1.65%
  • Equity - 5.07%
  • STIF - 0.46%

June 2024

  • Fixed - 0.88%
  • Equity - 3.58%
  • STIF - 0.45%

July 2024

  • Fixed - 2.20%
  • Equity - 1.16%
  • STIF - 0.46%

August 2024

  • Fixed - 1.33%
  • Equity - 2.43%
  • STIF - 0.46%

September 2024

  • Fixed - 1.34%
  • Equity - 2.19%
  • STIF - 0.43%

Frequently Asked Questions

What is PEIRAF?

The Public Employees' Individual Retirement Account Fund (PEIRAF) was established to allow public employees to conveniently and economically receive the fullest benefits offered by the Economic Recovery Tax Act (ERTA) of 1981 as it relates to individual retirement accounts. PEIRAF has operated as a fixed-income portfolio since its creation in 1982. Funds are invested in fixed-income investments such as corporate bonds, U.S. agency obligations, government national mortgage association securities, and commercial paper. The rates of returns for the Public Employees' Individual Retirement Account Fund (PEIRAF) for the current year will be posted here when available. Below are the rates for the previous calendar year.

Can I contribute more to my PEIRAF?

The Tax Reform Act of 1986 prohibited contributions to deductible voluntary employee contribution plans, such as PEIRAF, for years after 1986. Accordingly, the PEIRAF Board of Control discontinued receiving contributions to this plan after December 31, 1986. However, the PEIRAF continues to reinvest the interest earnings of existing PEIRAF member accounts. 

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