Employer Contribution Rates
The following employer contribution rates are for Fiscal Year 2012 (July 1, 2011 – June 30, 2012):
|
Base Employer Rate |
Insurance Surcharge* | Total Employer Rate |
Optional Incidental Death Benefit |
Optional Accidental Death Program |
| SCRS | 9.385% | 4.3% | 13.685% | .15% | N/A |
| State ORP | 4.385%** | 4.3% | 8.685% | .15% | N/A |
| PORS | 11.363% | 4.3% | 15.663% | .20% | .20% |
*The insurance surcharge applies only to those agencies that provide retiree insurance through the State Health and Dental plans.
**Plus 5 percent to the member’s account.
