When will the new employer contribution rates come into effect each year?

For the PERF Hybrid plan, PERF My Choice plan for state employees, TRF Hybrid plan, and TRF My Choice plan, new employer contribution rates became effective on July 1.

For the following funds, new employer contribution rates will be effective on Jan. 1:

• PERF My Choice plan (political subdivisions)
• ’77 Fund
• Excise, Gaming and Conservation Fund
• Legislators’ Defined Contribution Fund