Employer & Member Contribution Rates

Effective DateContribution Rate
(% of Earnable Compensation)
Contribution Type
7/1/20246Member
7/1/202420.78Employer
7/1/20236Member
7/1/202319.98Employer
7/1/20226Member
7/1/202219.98Employer
7/1/20216Member
7/1/202119.81Employer
7/1/20206Member
7/1/202019.06Employer
7/1/20196Member
7/1/201921.14Employer
7/1/20186Member
7/1/201820.9Employer
7/1/20176Member
7/1/201716.81Employer
7/1/20166Member
7/1/201614.27Employer
7/1/20156Member
7/1/201514.27Employer
7/1/20146Member
7/1/201413.15Employer
7/1/20136Member
7/1/201312.28Employer
7/1/20126Member
7/1/201211.41Employer
7/1/20115.53Member
7/1/201110.28Employer
7/1/20105.53Member
7/1/201010.28Employer
7/1/20095.25Member
7/1/20099.74Employer
7/1/20085Member
7/1/20089.28Employer
7/1/20075Member
7/1/20079.28Employer
7/1/20065Member
7/1/20069.28Employer
7/1/20055Member
7/1/20059.24Employer
7/1/20045Member
7/1/20049.24Employer
7/1/20035Member
7/1/20039.24Employer
7/1/20025Member
7/1/20029.24Employer
7/1/20015Member
7/1/20019.24Employer
7/1/20005Member
7/1/200011.29Employer
7/1/19995Member
7/1/199911.29Employer
7/1/19985Member
7/1/199811.95Employer
7/1/19975Member
7/1/199711.81Employer
7/1/19965Member
7/1/199611.81Employer
7/1/19955Member
7/1/199511.81Employer
7/1/19945Member
7/1/199411.81Employer
7/1/19936Member
7/1/199311.81Employer
7/1/19926Member
7/1/199211.81Employer
7/1/19916Member
7/1/199111.81Employer
7/1/19906Member
7/1/199012.643Employer

Internal Revenue Code – 401(a)(17)

Maximum salary used for calculating retirement benefits for members with membership dates on or after 7/1/1996

IRS Compensation LimitEffective Date
$345,0007/1/2024
$330,0007/1/2023
$305,0007/1/2022
$290,0007/1/2021
$285,0007/1/2020
$280,0007/1/2019
$275,0007/1/2018
$270,0007/1/2017
$265,0007/1/2016
$265,0007/1/2015
$260,0007/1/2014
$255,0007/1/2013
$250,0007/1/2012
$245,0007/1/2011
$245,0007/1/2010
$245,0007/1/2009
$230,0007/1/2008
$225,0007/1/2007
$220,0007/1/2006
$210,0007/1/2005
$210,0007/1/2004
$205,0007/1/2003
$200,0007/1/2002
$200,0007/1/2001
$170,0007/1/2000
$170,0007/1/1999
$160,0007/1/1998
$160,0007/1/1997
$150,0007/1/1996