May
30, 2007
Volume 2, No. 42
MOSERS
Contribution Rates for FY 2008
The contribution rates for FY 2008 are identified below. Life
insurance and LTD contribution rates remain the same as previous
years, however the retirement contribution
rate is changing. For employers in SAM II, the contribution
change will occur automatically. Non-SAM II members will need
to begin submitting the new retirement contributions for July
payrolls.
|
Rate
Type |
FY
2008 Rate |
| Retirement
Contribution Rate |
12.84% |
| Judges
Retirement Contribution Rate |
58.65% |
| Basic
Life Insurance State Contribution |
0.33% |
| Retiree
Basic Life Insurance State Contribution |
0.115% |
| Long-Term
Disability State Contribution - SAM II |
0.51% |
| Long-Term
Disability State Contribution - Non SAM II |
0.55% |
|
|