March 13, 2017
2017 Workshop Schedule
The Public School Employees’ Retirement System’s (PSERS)
Employer Service Center (ESC) invites you to attend our annual Employer
Workshop. The workshops begin April 24 and run through June 5, 2017.
is recommended for business managers, payroll staff, human resources staff, and
anyone else responsible for reporting information to PSERS. This year’s
workshop is entitled “Back to Basics” and provides a refresher on everything
from qualification rules and membership classes/rates to part-time member
reporting. Other focus areas include the TF Election process, waivers, coaches,
return to service, and the importance of correct contract records to support
data reported. The topic was selected based on your questions to your ESC
representative and the questions PSERS must pose to you when reviewing member
This workshop is designed to provide helpful tips to aid you
in reporting and review areas that are questioned often during the year.
Whether you have an in depth knowledge of PSERS rules or not, we invite
you to attend and pick up some useful information. We encourage you to bring
your questions and are looking forward to seeing as many of you as possible.
This is a great opportunity for us to meet with you and we enjoy the personal
Please send your RSVP to your ESC Rep so we can be prepared
with the correct number of materials for each workshop. If you weren’t planning
on attending, but your schedule changes so that it would permit you to attend,
please join us. Below is a list of workshop locations, dates and times.
December 09, 2016
Employer Contribution Rate for Fiscal Year 2017-2018
The employer contribution rate for fiscal year 2017-2018 will be 32.57%.
The rate applies to salary and wages earned from July 1, 2017 through June 30, 2018.
The rate was determined by PSERS actuary, and certified by the PSERS Board of Trustees at its meeting on December 7, 2016. The employer contribution rate may change if pension legislation is enacted prior to June 30, 2017. The employer contribution rate for fiscal year 2017-2018 consists of 31.74% for pension costs and 0.83% for premium assistance payments. Of the 31.74% portion of the employer contribution rate, 24.04% represents payment toward the unfunded liability.
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