New Contribution Rates for Members

Date: Jul 01, 2018

 

Important: These rate changes only apply to active City of San Diego employees, and Airport Authority and Unified Port District employees hired after 2013.

New contribution rates went into effect July 1, 2018 for City of San Diego members and Airport Authority and Unified Port District employees hired after 2013. Most members will note only a minor adjustment on their July paycheck.

These member contributions are the required pre-tax contributions to the SDCERS trust fund that are deducted from the members' bi-weekly paychecks. Contribution rates are determined by a member's plan tier and age of entry into SDCERS.

Contribution rates are based on actuarial assumptions and calculations provided by SDCERS' actuary, Cheiron.

To view the contribution rates from Cheiron's Actuarial Valuation for City of San Diego members, click here.

For Airport Authority members, click here.

For Port District members, click here.




Document Under Categories: Actuarial Valuations, Contribution Rates

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