IF your employee selects TRF My Choice, employers are required to pay the mandatory 3% contribution as well as a variable percentage (set annually by the INPRS board), a portion of which will go into the employee's DC account. The total variable rate for TRF My Choice will always be the same as the employer rate for TRF Hybrid. For 2021 that amount is 5.5%, starting July 1, 2020.
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