June 12, 2017 23:15 Updated Follow The variable percentage for employer contribution rates is set annually by the INPRS Board of Trustees. Related articles Are contribution amounts covering unfunded pension liability made to My Choice: Retirement Savings Plan accounts? What is the My Choice: Retirement Savings Plan? Can someone walk me through the PERF Hybrid and My Choice: Retirement Savings Plan options? What are my retirement account investment options? What's the timeframe for employers to submit employee contributions?