Hi, actual PF interest that's been paid is 8.5% on yearly basis. In last year i.e. 2010 - 2011, PF dept paid 1% extra i.e. instead of 8.5% they paid 9.5% of having excess amount with them.
For Fiscal year 2011 - 2012 instead of paying 8.5%, they are paying interest of 8.25%, please refer to Notification attached by Mr. Kennady.