DRSN 09-007, Contribution Rate Changes

DRS Notice

  • Notice No.: 09-007
  • Date: June 1, 2009
  • Applies to: All Employers
  • Subject: Contribution Rate Changes

Pension Contribution Rate Changes

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.

Announcement for Employees

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)
  Plan 1 Plan 2
  Percent Rate Percent Rate
Public Employees' Retirement System (PERS)
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)
  Plan 1 Plan 2
  Percent Rate Percent Rate
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)
Member Contribution Rate NA NA 6.55% 0.0655
Employer Contribution Rate NA NA 7.84% 0.0784
 
Washington State Patrol Retirement System (WSPRS)
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)
  Plan 1 Plan 2
  Percent Rate Percent Rate
Teachers' Retirement System (TRS)
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.

Questions?

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

Communications

Communications