The total SOI PERF My Choice plan employer rate is currently 11.2 percent, with the normal cost at 3.7 percent and the remaining 7.5 percent applied to PERF's unfunded actuarial liability.
The total employer rate for fiscal year 2025 will remain at 11.2 percent. The normal cost rate for FY 2025 will be 4.2 percent, with the remaining 7.0 percent applied to unfunded actuarial liability.