Just a reminder that your employer contribution rate goes down to 14.09% starting April 1, 2021. The working-after-retirement rate goes into effect July 1, 2021.
The legislature is considering a moratorium on the death and disability insurance rate (Senate Bill 265). This rate is currently at 1%. If passed, the rate will be 0% for pay dates on or after July 1, 2021, through June 30, 2022. We'll keep you updated.
