Contribution Rates

ERCE Newsletter

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.

Employer contribution rates for Fiscal Year 2021 are effective July 1, 2020:

CERS Nonhazardous   26.95%

      CERS Hazardous   44.33%

Please note that employer contribution rates are subject to change depending on future actions of the General Assembly.

Questions? If you have questions, please contact our office at 1-888-696-8810.