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New fiscal year, new contribution rates

Contribution rates for members and employers have been set for next fiscal year, which begins July 1, 2017.

The total contribution rate for the defined benefit plan, health insurance supplement and long term disability plan will be 11.50 percent for both employer and employee, up just slightly from the total rate of 11.48 percent for the current fiscal year, which ends June 30, 2017.

The new rate will be in effect through June 30, 2018. See Contribution Rates for more information.

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