DRS Email 21-009, New Contribution Rates
Notice No: 21-009
Date: May 24, 2021
Applies to: All Employers
Subject: DRS Email 21-009, New Contribution Rates
The contribution rates for 2021-23 are presented in the tables below. Rates changing from current levels are displayed in bold.
The rates for LEOFF, PERS, PSERS and WSPRS are listed in the first table and are effective July 1, 2021.
The rates for SERS and TRS are listed in the second table and will change effective Sept. 1, 2021.
If you have any questions regarding this DRS Notice, please contact Employer Support Services at 360-664-7200, option 2, or 800-547-6657, option 6, option 2, or email us.
Current Contribution Rates |
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---|---|---|---|---|
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% | .0000 | 8.53% | 0.0853 |
Employer Contribution Rate | 0.18% | .0018 | 5.30% | 0.0530 |
State Contribution Rate | 0.00% | .0000 | 3.41% | 0.0341 |
Ports and Universities | ||||
Member Contribution Rate | NA | NA | 8.53% | 0.0853 |
Employer Contribution Rate | NA | NA | 8.71% | 0.0871 |
Public Employees’ Retirement System (PERS) |
||||
---|---|---|---|---|
Member Contribution Rate | 6.00% | 0.0600 | 6.36% | 0.0636 |
Employer Contribution Rate | 10.25% | 0.1025 | 10.25%* | 0.1025* |
PERS State Government Elected Officials | ||||
Member Contribution Rate | 7.50% | 0.0750 | 6.36% | 0.0636 |
Employer Contribution Rate | 15.29% | 0.1529 | 10.25%* | 0.1025* |
PERS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges | ||||
Member Contribution Rate | 9.76% | 0.0976 | 13.40% | 0.1340 |
Employer Contribution Rate | 12.75% | 0.1275 | 12.75%* | 0.1275* |
PERS JBM Counties & Cities – District Court Judges & Municipal Court Judges | ||||
Member Contribution Rate | 12.26% | 0.1226 | 15.90% | 0.1590 |
Employer Contribution Rate | 10.25% | 0.1025 | 10.25%* | 0.1025* |
Public Safety Employees’ Retirement System (PSERS) |
||||
---|---|---|---|---|
Member Contribution Rate | NA | NA | 6.50% | 0.0650 |
Employer Contribution Rate | NA | NA | 10.39% | 0.1039 |
Washington State Patrol Retirement System (WSPRS) |
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---|---|---|---|---|
Member Contribution Rate | 8.61% | 0.0861 | 8.61% | 0.0861 |
Employer Contribution Rate | 17.84% | 0.1784 | 17.84% | 0.1784 |
*Employer rates for Plan 3 are the same as Plan 2.
Contribution Rates Effective September 1, 2021 |
||||
---|---|---|---|---|
(Bold indicates rate change) | Plan 1 | Plan 2 | ||
School Employees’ Retirement System (SERS) | ||||
Member Contribution Rate | NA | NA | 7.76% | 0.0776 |
Employer Contribution Rate | NA | NA | 11.65%* | 0.1165* |
Teachers’ Retirement System (TRS) | ||||
Member Contribution Rate | 6.00% | 0.0600 | 8.05% | 0.0805 |
Employer Contribution Rate | 14.42% | 0.1442 | 14.42%* | 0.1442* |
TRS State Government Elected Officials | ||||
Member Contribution Rate | 7.50% | 0.0750 | 8.05% | 0.0805 |
Employer Contribution Rate | 14.42% | 0.1442 | 14.42%* | 0.1442* |
TRS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges | ||||
Member Contribution Rate | 9.76% | 0.0976 | NA | NA |
Employer Contribution Rate | 14.42% | 0.1442 | NA | NA |
*Employer rates for Plan 3 are the same as Plan 2.