Alaska prejudgment interest rate
United States Alaska’s annual prejudgment rate under AS 09.30.070 and ADM-505.
→ All Alaska judgment & prejudgment interest rates
Statutory formula / table Formula rate
2026 Alaska prejudgment interest at a glance
- Current rate
- 6.75% per year
- Effective date
- January 1, 2026
- Controlling authority
- AS 09.30.070
- Rate basis
- Statutory formula / table
- Source checked
- August 22, 2026
- Recorded history
- 30 data points
For a judgment entered in 2026, Alaska Court System form ADM-505 publishes 6.75% as the general pre- and post-judgment rate under AS 09.30.070. The percentage is selected by the year judgment is entered and stays attached to that judgment. A contract, another statute, the damages category, or the older transition rule can supply a different result.
When Alaska prejudgment interest applies
Prejudgment interest is a general remedy in Alaska and is NOT limited to liquidated or contract claims — it is recoverable on tort and unliquidated damages as compensation for loss of use of money. However, by statute AS 09.30.070(c), prejudgment interest may NOT be awarded on: (1) future economic damages, (2) future noneconomic damages, or (3) punitive damages. Where a written contract specifies an interest rate, that contract rate controls instead of the statutory rate.
When it starts accruing
ADM-505 explains that prejudgment interest starts when the claimant could first sue, giving notice of an injury and the first breach of a contract as examples. The exact statutory notice, damages, contract, and special-claim branches must still be confirmed for the case.
Simple or compound
Confirm the governing rule. ADM-505 publishes the annual percentage and selection year but does not state one universal calculator-grade compounding and payment-allocation method.
How the rate is set
Three percentage points above the 12th Federal Reserve District discount rate in effect on January 2 of the year in which the judgment or decree is entered (AS 09.30.070(a)). ADM-505 publishes the selected annual schedule; the dataset preserves all 30 listed years from the August 7, 1997 transition through 2026.
→ Compare with the Alaska post-judgment interest rate (interest after judgment)
Alaska Court System form ADM-505 publishes 6.75% for both general pre- and post-judgment interest when judgment is entered in 2026. Prejudgment interest generally begins when the claimant could first sue, but a controlling contract, another statute, the claim, and the older 1980–1997 transition can change the result. Verify the correct rate and accrual branch; not legal advice.
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| January 1, 2026 | 6.75% | Statute |
| January 1, 2025 | 7.5% | Statute |
| January 1, 2024 | 8.5% | Statute |
| January 1, 2023 | 7.5% | Statute |
| January 1, 2022 | 3.25% | Statute |
| January 1, 2021 | 3.25% | Statute |
| January 1, 2020 | 5.25% | Statute |
| January 1, 2019 | 6% | Statute |
| January 1, 2018 | 5% | Statute |
| January 1, 2017 | 4.25% | Statute |
| January 1, 2016 | 4% | Statute |
| January 1, 2015 | 3.75% | Statute |
| January 1, 2014 | 3.75% | Statute |
| January 1, 2013 | 3.75% | Statute |
| January 1, 2012 | 3.75% | Statute |
| January 1, 2011 | 3.75% | Statute |
| January 1, 2010 | 3.5% | Statute |
| January 1, 2009 | 3.5% | Statute |
| January 1, 2008 | 7.75% | Statute |
| January 1, 2007 | 9.25% | Statute |
| January 1, 2006 | 8.25% | Statute |
| January 1, 2005 | 6.25% | Statute |
| January 1, 2004 | 5% | Statute |
| January 1, 2003 | 3.75% | Statute |
| January 1, 2002 | 4.25% | Statute |
| January 1, 2001 | 9% | Statute |
| January 1, 2000 | 8% | Statute |
| January 1, 1999 | 7.5% | Statute |
| January 1, 1998 | 8% | Statute |
| August 7, 1997 | 8% | Statute |
Source & provenance
Observation recorded August 22, 2026 (23:33 UTC) from the cited source (Alaska Court System (official)):
https://public.courts.alaska.gov/web/forms/docs/adm-505.pdf
Cite this page
StatuteRates. “Alaska Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/alaska-prejudgment-rate/ Rate recorded under AS 09.30.070, effective January 1, 2026.