Contributions
- Contribution Rates
- Earn Code Resolutions
- Pensionable Compensation Limits - PEPRA
- Deduction Descriptions
Tier I: Contribution Rates
- General Tier I Contribution Rates effective July 2018
- Safety Tier I Contribution Rates effective July 2018
Tier II: Contribution Rates
- General Tier II Contribution Rates effective July 2018
- Safety Tier II Contribution Rates effective July 2018
Tier III: Contribution Rates
Tier IV: Contribution Rates
- General Tier IV Contribution Rates effective July 2018
- Safety Tier IV Contribution Rates effective July 2018
Tier V: Contribution Rates
- General Tier V Contribution Rate for Fiscal Year 18-19 7.23% flat rate
- Safety Tier V Contribution Rate for Fiscal Year 18-19 12.07% flat rate
Description for Paper Stub |
Description for On-Line View |
Long PeopleSoft Description |
Definition |
| RETMIS | Ret Misc | Miscellaneous Retirement | General Member Tier I recurring retirement contribution deduction |
| RETMSP | RetMisSup | Retirement Miscellaneous Supp | General Member Tier I recurring settlement (supplemental) contribution deduction resulting from the 2000 Settlement Agreement |
| RETM30 | RetMisOv30 | Misc Retirement-Over 30 Years | General Member Tier I hired before 1973 do not contribute when they have accumulated 30 years of service credit. The employer continues to contribute |
| RMSP30 | RetMisSp30 | Misc Retirement Supp 30 | General Member Tier I hired before 1973 do not contribute when they have accumulated 30 years of service credit. The employer continues to contribute |
| RETMS2 | RETMS2 | MISC RETIREMENT 2 | General Member Tier II recurring retirement contribution deduction |
| RETMS3 | RM3 | Retire Misc 3 | General Member Tier III recurring retirement contribution deduction |
| RETMU | Ret Makeup | Retirement Make-up | General Members (All Tiers)- Payment for annuity component for members with a purchase agreement; the repayment is deducted and accounted for separately from the recurring retirement contribution. |
| MCOLA | M Ret COLA | Misc Ret COLA Make-Up | General Members (All Tiers) - Payment for COLA component for members with a purchase agreement; the COLA portion is deducted and accounted for separately from the normal contribution. |
| RETSFT | Ret Safety | Safety Retirement | Safety Member Tier I recurring retirement contribution deduction |
| RETSSP | Ret SafeSp | Safety Retirement Supplemental | Safety Member Tier I recurring settlement (supplemental) contribution deduction resulting from the 2000 Settlement Agreement |
| RETS30 | RetSafOv30 | Safety Retirement-Over 30 Years | Safety Members Tier I that have 30 or more years of service do not contribute towards. Your employer continues to make contributions |
| RSSP30 | RetSafSp30 | Safety Retirement Supp 30 | Safety Members Tier I that have 30 or more years of service do not contribute towards. Your employer continues to make contributions |
| RETSF2 | RETSF2 | RETIREMENT SAFETY 2 TIER | Safety Member Tier II recurring retirement contribution deduction |
| RTSS23 | 2TSRTRSP30 | Safety Retirement Supp 30 2 Tr | Safety Members Tier II that have 30 or more years of service do not contribute toward retirement. Your employer continues to make contributions |
| SRETMU | Saf Makeup | Safety Retirement Make-Up | Safety Members (All Tiers) - Payment for annuity component for members with a purchase agreement; the repayment is deducted and accounted for separately from the recurring retirement contribution |
| SCOLA | Saf Makeup | Safety Retirement COLA Make-Up | Safety Members (All Tiers) - Payment for COLA component for members with a purchase agreement; the COLA portion is deducted and accounted for separately from the normal contribution |