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 Visit the OFM Service Portal at https://ofmwa.servicenowservices.com/sp to submit a ticket to the OFM Help Desk.
DRS Contribution Rate Changes
The Department of Retirement Systems (DRS) has updated rates as outlined below effective September 1, 2023. Only the rate changes implemented within HRMS are outlined in the table below. For full rate detail which includes unchanged rates, please see full DRS Notice 23-009. Employer rates for Plan 3 are the same as Plan 2.
|
Pension Plan
|
Plan 1
|
Plan 2
|
|
Percent
|
Rate
|
Percent
|
Rate
|
|
Public Employees’ Retirement System (PERS)
|
|
Employer Contribution Rate
|
9.53%
|
0.0953
|
9.53%*
|
0.0953*
|
|
PERS State Government Elected Officials
|
|
Employer Contribution Rate
|
14.20%
|
0.142
|
9.53%*
|
0.0953*
|
|
PERS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges
|
|
Employer Contribution Rate
|
12.03%
|
0.1203
|
12.03%*
|
0.1203*
|
|
PERS JBM Counties & Cities – District Court Judges & Municipal Court Judges
|
|
Employer Contribution Rate
|
9.53%
|
0.0953
|
9.53%*
|
0.0953*
|
|
Public Safety Employees’ Retirement System (PSERS)
|
|
Member Contribution Rate
|
NA
|
NA
|
6.73%
|
0.0673
|
|
Employer Contribution Rate
|
NA
|
NA
|
9.90%
|
0.099
|
|
School Employees’ Retirement System (SERS)
|
|
Employer Contribution Rate
|
NA
|
NA
|
10.93%*
|
0.1093*
|
|
Teachers’ Retirement System (TRS)
|
|
Member Contribution Rate
|
No change
|
No change
|
8.06%
|
0.0806
|
|
Employer Contribution Rate
|
9.70%
|
0.097
|
9.70%*
|
0.0970*
|
|
TRS State Government Elected Officials
|
|
Member Contribution Rate
|
No change
|
No change
|
8.06%
|
0.0806
|
|
Employer Contribution Rate
|
9.70%
|
0.097
|
9.70%*
|
0.0970*
|
|
TRS JBM State Agencies – Supreme Court Justices, Appeals and Superior Court Judges
|
|
Employer Contribution Rate
|
9.70%
|
0.097
|
NA
|
NA
|
|
Law Enforcement Officers' and Fire Fighters' Retirement System (LEOFF)
|
|
Cities, Counties, and Fire Districts, etc.
|
|
Employer Contribution Rate
|
0.20%
|
0.002
|
5.32%
|
0.0532
|
|
State Contribution Rate
|
No change
|
No change
|
3.41%
|
0.0341
|
|
Ports and Universities
|
|
Employer Contribution Rate
|
NA
|
NA
|
8.73%
|
0.0873
|
|
Washington State Patrol Retirement System (WSPRS)
|
|
Member Contribution Rate
|
8.74%
|
0.0874
|
8.74%
|
0.0874
|
|
Employer Contribution Rate
|
17.99%
|
0.1799
|
17.99%
|
0.1799
|
New records have been created for those plans with an employee rate change. There is no action necessary by agency processors.
Questions?
Employers who have additional questions regarding the rate changes should contact DRS Employer Support Services at 360-664-7200, option 2, or 800-547-6657, option 6, option 2, or email DRS.
For questions related to HRMS:
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