DRS email 15-018 Contribution Rates Changes for SERS and TRS

  • Notice No.: 15-018
  • Date: August 4, 2015
  • Applies to: All Employers
  • Subject: DRS Email 15-018, Contribution Rate Changes for SERS and TRS

Pension Contribution Rates

The contribution rates are presented in the chart below and are effective September 1, 2015.

Contribution Rates Effective September 1,2015
(Employer rates include 0.18% DRS administrative expense rate)
(Bold indicates rate change) Plan 1 Plan 2
School Employees’ Retirement System (SERS) Percent Rate Percent Rate
Member Contribution Rate NA NA 5.63% 0.0563
Employer Contribution Rate NA NA 11.58%* 0.1158*
Teachers’ Retirement System (TRS) Percent Rate Percent Rate
Member Contribution Rate 6.00% 0.0600 5.95% 0.0595
Employer Contribution Rate 13.13% 0.1313 13.13%* 0.1313*
TRS State Government Elected Officials Percent Rate Percent Rate
Member Contribution Rate 7.50% 0.0750 5.95% 0.0595
Employer Contribution Rate 13.13% 0.1313 13.13%* 0.1313*
TRS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges Percent Rate Percent Rate
Member Contribution Rate 9.76% 0.0976 NA NA
Employer Contribution Rate 13.13% 0.1313 NA NA

*Employer rates for Plan 3 are the same as for Plan 2.

If you have questions, please reply to this notice or call Employer Support Services at 360-664-7200, option 2, or 800-547-6657, option 6, option 2.

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