Each financial year the Police Super Board is required to declare a rate of return to be credited to member contribution accounts. The Board‘s crediting rate policy is based on the actual returns (money weighted return net of investment fees and the Board’s administration expenses), as advised to the Board, by Funds SA.
In addition, the Board is required to determine an 'exit' rate of return to be applied to the accounts of members who resign from SAPOL during a particular financial year and elect to take a withdrawal benefit which consists of a refund of member contributions plus accrued interest. The Board‘s exit crediting rate policy is based on the actual annualized returns, as advised to the Board, by Funds SA on a weekly basis.