Employers' Pensions and Benefits Administration Manual (EPBAM)
   

 

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Public Employees' Retirement System (PERS)
Employer Pension Contribution Rates (Rounded)


Required Pension Contributions for 2009, PERS Local Employers
Required Pension Contributions for 2008, PERS Local Employers
Required Pension Contributions for 2007, PERS Local Employers
Required Pension Contributions for 2006, PERS Local Employers
Required Pension Contributions for 2005, PERS Local Employers
To view a Comparison of Required PERS Local Employer Contributions for State Fiscal Years Ending 2008 and 2009, click here.

Fiscal Year

Due Date

Local
Non Vet/Vet

Without Phase-in Credit

6/30/95

4/01/97

1.36%

N/A

6/30/96(1)

4/01/98

0.00%

N/A

6/30/97(1)

4/01/99

0.00%
N/A

6/30/98(1)

4/01/00

0.00%
N/A

6/30/99(1)

4/01/01

0.00%
N/A

6/30/00(1)

4/01/02

0.00%
N/A

6/30/01(1)

4/01/03
0.00%
N/A
6/30/02(1) (2)
4/01/04
0.00%
N/A
6/30/03(2)
4/01/05
0.73%
3.65%
6/30/04(2)
4/01/06
1.98%
4.969%
6/30/05(2)
4/01/07
3.55%
5.91%
6/30/06(2)
4/01/08
6.18%
7.72%
6/30/07(2)
4/01/09
8.05%
8.05%

NOTES

(1) CHAPTER 113, 114, 115, P.L. 1997 WERE SIGNED INTO LAW. THE PENSION SECURITY LEGISLATION ELIMINATED CONTRIBUTIONS FOR THE LOCATIONS (EXCEPT FOR EARLY RETIREMENT INCENTIVES) FOR THE CURRENT YEAR.

(2) CHAPTER 108, P.L. 2003 ALLOWS FOR A PHASE-IN BASIS WITH 20% OF THE ACTUARIALLY CALCULATED AMOUNT FOR 2005. THIS APPROACH WILL CONTINUE WITH 40% DUE IN 2006, 60% DUE IN 2007, 80% DUE IN 2008, UNTIL 100% OF THE ACTUARIAL AMOUNT IS DUE IN 2009.

NOTE: THE PERS ANNUAL APPROPRIATION BILLS ARE BASED ON THE SECOND CALENDAR QUARTER REPORT OF CONTRIBUTIONS. FOR EXAMPLE, THE BILL DUE 4/01/07 IS BASED ON THE 6/30/05 REPORT OF CONTRIBUTIONS. (TWO YEAR LAG). THE SALARIES ARE ANNUALIZED AND THEN MULTIPLIED BY THE APPLICABLE RATES, WHICH ARE SHOWN ABOVE.

 

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Last Updated: September 9, 2008