Contribution Rates
Kentucky Public Pensions Authority sent this bulletin at 12/05/2019 04:34 PM EST
The KRS Board of Trustees met on December 5th and adopted CERS employer contribution rates for Fiscal Year 2021. These rates are effective July 1, 2020 and were set in accordance with House Bill 362 which was enacted during the 2018 Regular Session of the General Assembly. House Bill 362 caps CERS employer contribution rate increases up to 12% over the prior fiscal year for the period of July 1, 2018 to June 30, 2028.
CERS Hazardous 44.33%
|