Contributory Rates by System

Overview

Contributory Rates by System
Employer Contribution Rates for 2020

State Employers Rate %
Teachers’ Retirement and Pension 1 -  MSDE & MHEC on behalf of state 14.96
Employees’ Retirement and Pension 1  20.71
State Police Retirement 78.09
Judges’ Retirement 40.27
Law Enforcement Officers’ Pension 42.96
Participating Governmental Units Rate%
Employees Retirement 11.71
Employees’ Pension  6.71
Contributory Pension Benefit (CPB) Surcharge 2 2.42
Alternate Contributory Pension Selection (ACPS) Surcharge (CPB Participants) 3        1.11
Alternate Contributory Pension Selection (ACPS) Surcharge (Non-CPB Participants) 4    7.44
Law Enforcement Officers’ Pension 34.93
Local Correctional Officers’ Retirement  9.67
Local Boards of Education   Rate%
Teachers Retirement and Pension System 1 - 
MSDE share on behalf of Local Boards of Education 
10.63
Teachers Retirement and Pension System 1 -
Local Boards of Education share.
4.33

Surcharge Rates

Note: The surcharge rates above are not applicable to employers who joined after July 1, 2011.

1 These rates excludes the effects of reinvestment of savings.

2 This is an additional surcharge for Participating Governmental Units (PGUs) that enrolled in the Contributory Pension Benefit (CPB). This surcharge is to be applied against total payroll.

3 This is an additional surcharge for PGUs that formerly enrolled in the Contributory Pension Benefit (CPB) but have now enrolled in the Alternate Contributory Pension Selection (ACPS). This surcharge is to be applied against Employees’ Pension System payroll only in addition to the CPB surcharge of 2.42% against total payroll.

Applies to locations 6526 and 7528 only. This is an additional surcharge for PGUs that were not enrolled in Contributory Pension Benefit (CPB) but have now enrolled in the Alternate Contributory Pension Selection (ACPS). This surcharge is to be applied against Pension System payroll only.

If you have any questions regarding the applicability of the rates, please contact Tony Roberts at (410) 625-5638, or Patricia Fitzhugh at (410) 625-5689.