Contribution Rate Changes Implemented

Date: Jun 14, 2010

 

City of San Diego employees (excluding those in DROP) may notice a change in their August 20, 2010 paycheck. This change is due primarily to the delayed implementation by the City of San Diego of SDCERS' new contribution rates. The paycheck that employees receive on August 20, 2010 will have a single SDCERS contribution amount which will include the contribution for the August 20, 2010 paycheck and the catch-up correction for the paycheck that employees already received on August 6, 2010. If you have any questions about this, please contact your payroll specialist.

To view current contribution rates, go the Member Benefits section of this web site, choose your plan sponsor and your employee category, and click on the "Contribution Rates" page.




Document Under Categories: Contribution Rates

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