Employee Contribution Rates

Employee Contribution Rates

Tiers 2, 4, 5 and 6

Employee contributions are based upon their age at time of entry to the plan (within the closest 6 months of their birthday). Employee rates for each tier are split between a basic and cost of living (col) percentage amounts. Both the basic and col percentages are broken out further into two separate amounts. The rates are broken out this way because StanCERA retirement is integrated with Social Security. The first percentage rate is applied to the first $161.54 of the retirement eligible salary paid (based upon a bi-weekly payroll) and the second percentage rate is applied to the remainder of the retirement eligible salary paid.

Fiscal Year 2025-2026

GENERAL RATES:

SAFETY RATES:

GENERAL/SAFETY RATES:


Employee compensation that requires a retirement contribution

Tiers 2, 4 and 5
Due to the lengthy list of contributable pay codes, we have identified employee compensations that does not require a retirement contribution. These items are overtime pay, termination cash outs, reimbursement for food, lodging, and gas, the value of benefits not paid in cash e.g. health insurance, retirement contributions employer pickup, on-call pay, standby pay and uniform vouchers. For all other cash compensation a retirement contribution should be made.

Tier 6
Includes base pay only as pensionable wage types. These include regular pay, vacation, sick, vacation used as sick, comp time used and holiday pay.