Subject to approval from the Public Retirement Systems’ Actuarial Committee (PRSAC), the potential contribution rate for MPERS for fiscal year 2026-2027 (July 1, 2026-June 30, 2027) will be 29.35%. This will be the rate for both Hazardous and Non-Hazardous Duty. There will be no change in the employee rate; those will remain at 10%* and 8%, respectively.
*Employee contributions will remain at 7.5% for any member whose earnable compensation is less than or equal to the poverty guidelines which is issued by the United States Department of Health and Human Services. Employer contributions for those members below the poverty guidelines will be 31.85%.
Please contact MPERS’ office at 225-929-7411 with any questions.