Public Employees' Retirement System (PERS) Effective July 1, 2020 , the employer contribution rate increases 0.1% for all employers. This additional employer contribution rate increases 0.1% every year from fiscal year 2014 through fiscal year 2024.
|
FY20 |
FY21 |
State and MUS Contribution Rate |
6.90% |
6.90% |
Employer additional contribution rate |
1.87% |
1.97% |
TOTAL |
8.77% |
8.87% |
|
FY20 |
FY21 |
Local Govt Contribution Rate |
6.80% |
6.80% |
ER additional contribution rate (paid by employer) |
1.87% |
1.97% |
Total Contribution for Local Governments Employers |
8.67% |
8.77% |
State Contribution for Local Governments |
0.10% |
0.10% |
TOTAL |
8.77% |
8.87% |
|
FY20 |
FY21 |
School District Contribution Rate |
6.80% |
6.80% |
Employer additional contribution rate (paid by employer) |
1.60% |
1.70% |
Total Contribution for School District Employers |
8.40% |
8.50% |
Employer additional contribution rate (paid by the state) |
0.27% |
0.27% |
State Contribution for School Districts |
0.10% |
0.10% |
TOTAL |
8.77% |
8.87% |
Employee Contribution Rate for all members |
7.90% |
Contribution rates for SRS will be the same for Fiscal Year 2020.
Employer |
13.115% |
Member |
10.495% |
Contribution rates for the JRS will be the same for Fiscal Year 2020.
Employer |
25.81% |
Member |
7.00% |
Contribution rates for the GWPORS will be the same for Fiscal Year 2020.
Employer |
9.00% |
Member |
10.56% |
Contribution rates for the HPORS will be the same for Fiscal Year 2020.
Employer (Department of Justice) |
Same source as compensation |
28.15% |
General Fund Contribution Rate |
10.18% |
Total Employer Contribution Rate |
38.33% |
Employee Contribution Rate hired prior to 7-1-1997 |
13.00% |
Employee Contribution Rate hired on or after to 7-1-1997 or Elected GABA |
13.05% |
Contribution rates for the MPORS will be the same for Fiscal Year 2020.
State |
29.37% |
Employer |
14.41% |
Member |
Hired after 6-30-1975 and prior to 7-1-1979 |
7.00% |
Hired after 6-30-1979 and prior to 7-1-1997 |
8.50% |
Hired on or after 7-1-1997 and all privious hires electing GABA |
9.00% |
Contribution rates for the FURS will be the same for Fiscal Year 2020.
State |
32.61% |
Employer |
14.36% |
Member |
Hired prior to 7-1-1997 |
9.50% |
Hired after 6-30-1997 and all previous hires electing GABA |
10.70% |
Contribution rates for the VFCA will be the same for Fiscal Year 2020.
State |
5.0% of fire insurance premium taxes collected on certain fire risks. |