Employers contributing to the County Employees Retirement System (CERS) will pay a lower rate next fiscal year. The CERS Board of Trustees voted at its Dec. 4 meeting to approve an employer contribution rate of 19.71% for CERS nonhazardous, down 3.63 percentage points from the current contribution rate, and a rate of 38.61% for CERS hazardous duty, down 5.08 percentage points.
The rates are effective for fiscal year 2025 that starts July 1, 2024.
View meeting materials here.
