On July 1, the ASRS will begin a new fiscal year – FY 2022-23. For members, this is always when your new contribution rates will go into effect. Starting July 1, 2022, the new total contribution rate (which includes pension benefits, health insurance benefits, and long term disability benefits) will be 12.17%, adjusted down slightly from the FY 2021-22 rate of 12.41%.
Understanding Your Contribution Rate
