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Employer Retirement Contribution Rates

Jun 15, 2021, 08:32 AM by MOSERS

The employer retirement contribution rate is calculated by MOSERS’ external actuary and is certified by the MOSERS Board of Trustees every year. As a reminder, the employer retirement contribution rates for MSEP, MSEP 2000, and MSEP 2011, as well as for the Judicial Plan and Judicial Plan 2011, are changing effective July 1, 2021. 

The changes to the employer retirement contribution rates for the respective plans effective July 1, 2021 are as follows: 

 

Fiscal Year Effective DateMSEP, MSEP 2000, MSEP 2011Judicial Plan, Judicial Plan 2011
FY2207/01/202123.51%61.94%
FY2107/01/202022.88%63.38%

 

There are no changes to the employer contribution rates for CURP, basic life insurance, and long-term disability benefits.   

If you are a Non-SAM II employer, please take note and adjust retirement contributions effective July 1, 2021 as needed.

If you are a SAM II employer, contributions occur automatically as a percentage of payroll, and no additional action is required of you.

For more information about Employer Contributions, please visit our website.  

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