Subject: DRS Email 13-020, Contribution Rate Changes for...

  • Notice No.: 13-020
  • Date: July 25, 2013
  • Applies to: All Employers
  • Subject: DRS Email 13-020, Contribution Rate Changes for PERS, PSERS, LEOFF, SERS, TRS, and WSPRS

PENSION CONTRIBUTION RATES

The contribution rates are presented in the charts below and are effective September 1, 2013.

Contribution Rates Effective September 1, 2013
(Employer rates include 0.18% DRS administrative expense rate)
  Plan 1 Plan 2
Public Employees’ Retirement System (PERS) Percent Rate Percent Rate
Member Contribution Rate 6.00% 0.0600 4.92% 0.0492
Employer Contribution Rate 9.21% 0.0921 9.21%* 0.0921*
PERS State Government Elected Officials Percent Rate Percent Rate
Member Contribution Rate 7.50% 0.0750 4.92% 0.0492
Employer Contribution Rate 13.73% 0.1373 9.21%* 0.0921*
PERS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges Percent Rate Percent Rate
Member Contribution Rate 9.76% 0.0976 9.80% 0.0980
Employer Contribution Rate 11.71% 0.1171 11.71%* 0.1171*
PERS JBM Counties & Cities – District Court Judges & Municipal Court Judges Percent Rate Percent Rate
Member Contribution Rate 12.26% 0.1226 12.30% 0.1230
Employer Contribution Rate 9.21% 0.0921 9.21%* 0.0921*
Public Safety Employees’ Retirement System (PSERS) Percent Rate Percent Rate
Member Contribution Rate NA NA 6.36% 0.0636
Employer Contribution Rate NA NA 10.54% 0.1054

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

Contribution Rates Effective September 1, 2013
(Employer rates include 0.18% DRS administrative expense rate)
  Plan 1 Plan 2
Law Enforcement Officers’ and Fire Fighters Retirement System (LEOFF) Percent Rate Percent Rate
Cities, Counties, and Fire Districts, etc.
Member Contribution Rate 0.00% 0.0000 8.41% 0.0841
Employer Contribution Rate 0.18% 0.0018 5.23% 0.0523
State Contribution Rate 0.00% 0.00% 3.36% 0.0336
Ports and Universities Percent Rate Percent Rate
Member Contribution Rate NA NA 8.41% 0.0841
Employer Contribution Rate NA NA 8.59% 0.0859

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

Contribution Rates Effective September 1, 2013
(Employer rates include 0.18% DRS administrative expense rate)
  Plan 1 Plan 2
School Employees’ Retirement System (SERS) Percent Rate Percent Rate
Member Contribution Rate NA NA 4.64% 0.0464
Employer Contribution Rate NA NA 9.82%* 0.0982*

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

Contribution Rates Effective September 1, 2013
(Employer rates include 0.18% DRS administrative expense rate)
  Plan 1 Plan 2
Teachers’ Retirement System (TRS) Percent Rate Percent Rate
Member Contribution Rate 6.00% 0.0600 4.96% 0.0496
Employer Contribution Rate 10.39% 0.1039 10.39%* 0.1039*
TRS State Government Elected Officials Percent Rate Percent Rate
Member Contribution Rate 7.50% 0.0750 4.96% 0.0496
Employer Contribution Rate 10.39% 0.1039 10.39%* 0.1039*
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 10.39% 0.1039 NA NA

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

Contribution Rates Effective September 1, 2013
(Employer rates include 0.18% DRS administrative expense rate)
  Plan 1 Plan 2
Washington State Patrol Retirement System (WSPRS)
Member Contribution Rate 6.59% 0.0659 6.59% 0.0659
Employer Contribution Rate 8.09% 0.0809 8.09% 0.0809

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

Should 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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