State Employees to Pay Higher Pension Contribution

June 24, 2019

Pursuant to the provisions of the State Employee Bargaining Agent Coalition (SEBAC) 2017 agreement, retirement contribution rates for all SERS members of Tier I, Tier II, Tier IIA and Tier III (including hazardous duty plans) will increase by 0.5% effective July 1, 2019.

The SEBAC agreement called for a 2% increase which was to be implemented in two phases: 1.5% on July 1, 2017 and 0.5% on July 1, 2019.

This increase will begin with pay checks dated July 5, 2019.