New contribution rates (in bold font) are presented in the charts below and reflect the effective dates for each retirement system. Some rate changes are effective July 1, 2009, and others start September 1, 2009.
We are providing the link below for your employee communications on the new retirement contribution rates. Members can access the new rates on the DRS Member Site.
| Contribution Rates Effective July 1, 2009 (Employer rates include 0.16% DRS administrative expense rate) |
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|---|---|---|---|---|
| Plan 1 | Plan 2 | |||
Public Employees’ Retirement System (PERS) |
Percent | Rate | Percent | Rate |
| Member Contribution Rate | 6.00% | 0.0600 | 3.89% | 0.0389 |
| Employer Contribution Rate | 5.29% | 0.0529 | 5.29%* | 0.0529* |
| PERS State Government Elected Officials | ||||
| Member Contribution Rate | 7.50% | 0.0750 | 3.89% | 0.0389 |
| Employer Contribution Rate | 7.86% | 0.0786 | 5.29%* | 0.0529* |
| PERS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges | ||||
| Member Contribution Rate | 9.76% | 0.0976 | 7.23% | 0.0723 |
| Employer Contribution Rate | 7.79% | 0.0779 | 7.79%* | 0.0779* |
| PERS JBM Counties & Cities – District Court Judges & Municipal Court Judges | ||||
| Member Contribution Rate | 12.26% | 0.1226 | 9.73% | 0.0973 |
| Employer Contribution Rate | 5.29% | 0.0529 | 5.29%* | 0.0529* |
Law Enforcement Officers’ and Fire Fighters’ Retirement System (LEOFF) |
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| Cities, Counties, Fire Districts, etc. | ||||
| Member Contribution Rate | 0.00% | 0.0000 | 8.45% | 0.0845 |
| Employer Contribution Rate | 0.16% | 0.0016 | 5.23% | 0.0523 |
| State Contribution Rate | 0.00% | 0.0000 | 3.38% | 0.0338 |
| Ports and Universities | ||||
| Member Contribution Rate | NA | NA | 8.45% | 0.0845 |
| Employer Contribution Rate | NA | NA | 8.61% | 0.0861 |
Public Safety Employees' Retirement System (PSERS) |
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| Member Contribution Rate | NA | NA | 6.55% | 0.0655 |
| Employer Contribution Rate | NA | NA | 7.84% | 0.0784 |
Washington State Patrol Retirement System (WSPRS) |
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| Member Contribution Rate | 4.85% | 0.0485 | 4.85% | 0.0485 |
| Employer Contribution Rate | 6.33% | 0.0633 | 6.33% | 0.0633 |
| Contribution Rates Effective September 1, 2009 (Employer rates include 0.16% DRS administrative expense rate) |
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|---|---|---|---|---|
| Plan 1 | Plan 2 | |||
Teachers' Retirement System (TRS) |
Percent | Rate | Percent | Rate |
| Member Contribution Rate | 6.00% | 0.0600 | 3.36% | 0.0336 |
| Employer Contribution Rate | 6.14% | 0.0614 | 6.14%* | 0.0614* |
| TRS State Government Elected Officials | ||||
| Member Contribution Rate | 7.50% | 0.0750 | 3.36% | 0.0336 |
| Employer Contribution Rate | 6.14% | 0.0614 | 6.14%* | 0.0614* |
| TRS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges | ||||
| Member Contribution Rate | 9.76% | 0.0976 | NA | NA |
| Employer Contribution Rate | 6.14% | 0.0614 | NA | NA |
| School Employees' Retirement System (SERS) | ||||
| Member Contribution Rate | NA | NA | 3.14% | 0.0314 |
| Employer Contribution Rate | NA | NA | 5.43%* | 0.0543* |
*Employer rates for Plan 3 are the same as for Plan 2.
If you have any questions regarding this DRS Notice, please contact Employer Support Services at (360) 664-7200, option 2, or 1-800-547-6657, option 6, option 2; or email us.
George Pickett
Assistant Director of Administrative Services