The money is paid to your account. That is, it is added to the money that you have contributed. The amount of interest you receive is calculated and added to your money. That will depend on the investments that the POSF makes. The more money that the POSF makes on its investments, the more money that is paid to you in interest.
Interest is paid once a year.
Those members who have received housing advance and are not repaying the advances forego the interest. That depends on how much you contribute and for how long. Each year, you get two statements of your account. The first statement which is normally sent out in the first quarter, shows how much you have in the previous year and how much interest is earned in that year. The second statement is sent out in third quarter and this shows how much you have as at the end of June in the current year without interest.