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Southern California Edison
SCE Pension Rate Update July 2019

Southern California Edison Newsletter

July 2019

Casey S. Bartels,  CFP® shares the July Pension Rate update and what it means for Grandfathered and Non-Grandfathered Southern California Edison Employees.

We are approaching that time of year again where a lot of attention will be paid toward the Edison pension interest rates. The official rates that apply to 2020 will not be published until September but we wanted to give you an update on where rates currently stand and how they compare to the rates in effect for 2019.

Below is where the 3 segments stand as of July, and how they compare to the rates in place for 2019.
 

Segment 1: 2.41%                           (3.10% for 2019)
Segment 2: 3.51%                           (4.15% for 2019)
Segment 3: 4.16%                           (4.46% for 2019)


***The July rates are lower than June as rates have been trending down. We will update you again in August.