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Board Approves PROP Interest Rate for 2019/2020

At the Regular Board Meeting on August 21, 2019, the APRS Board of Trustees adopted a continued interest rate of 2.25% on participating accounts in the Post Retirement Option Plan (PROP) and the Five Year Forward DROP program for those who are subject to the variable interest rate due to entering the Five Year Forward DROP after July 31, 2015.

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