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Campus Notices

PERS 2 Contribution Rate Change

The Washington State Pension Funding Council has increased the member and employer contribution rates for the PERS 2 retirement plan.

Effective on the July 25, 2017, paycheck, employee contribution rates for PERS 2 members will increase from 6.12% to 7.38%.

Example: An employee making $31,200 per year, or $1,300 per pay check, will see a change in the PERS 2 contribution from $79.56 to $95.94, an increase of $16.38 per paycheck.

There are no changes to the employee contribution rates for PERS 1 or PERS 3.

Please contact Human Resources at extension 1202 if you have questions.

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