The present interest rate on money judgments in Pennsylvania is six percent per annum by statute. This rate is the lowest in the country, in both the state and federal systems. The author first examines these other systems in an effort to reveal the inequity of the Pennsylvania rate. The author next considers the present Pennsylvania approach to postjudgment interest from a theoretical point of view. The author suggests methods by which a meaningful change in the postjudgment interest rate can be effected in order to bring Pennsylvania in line with the rest of the nation.
John M. Giunta,
The Postjudgment Interest Rate in Pennsylvania: Ignoring Reality for Too Long,
Duq. L. Rev.
Available at: https://dsc.duq.edu/dlr/vol23/iss4/14