July 10, 2020 18:12 Updated Follow The current rate is 5.5 percent and will remain at 5.5 percent effective July 1, 2020 through June 30, 2021. Related articles What is the employer contribution rate for the PERF Hybrid plan in 2021? What is the employer contribution rate for TRF My Choice in 2021? When can I retire from PERF or TRF? What are the employer contribution rates for the political subdivision PERF My Choice plan in 2021? What is the difference between TRF Hybrid and TRF My Choice Retirement Savings Plan?