The Board of Trustees annually shall allow regular interest on the mean amount for
the preceding year in each of the funds set forth in §§ 5-1-252, 5-1-253, 5-1-254, and 5-1-257 of this subtitle. The amounts so allowed shall be due and payable to the funds and
shall be annually credited thereto by the Board of Trustees from interest and other
earnings on the moneys of the retirement system. Any additional amount required to
meet the interest on the funds of the retirement system shall be paid by the employer,
and any excess of earnings over such amount required shall be deductible from the
amounts to be contributed by the employer, except as provided in § 5-1-254(g) of this subtitle. Regular interest shall earn such percent rate or rates to be
compounded annually as shall be determined from time to time by the Board of Trustees
on the basis of the probable earnings of the system. Such rate or rates shall be limited
to a minimum of two (2) percent and a maximum of eight (8) percent.
