PERS Plan 2 and PSERS Plan 2 pension system contribution rates are increasing on September 1, 2018. The new rates are detailed in the chart below:
|
Plan
|
Effective Sept 1, 2018
|
Prior rate
|
Increase
|
|
PERS Plan 2
|
7.41%
|
7.38%
|
0.03%
|
|
PSERS Plan 2
|
7.07%
|
6.74%
|
0.33%
|
For more details, see Department of Retirement Systems member contribution rates website.