Coming July 1: Increase in IPERS Contribution Rates

Effective July 1, 2018, the IPERS contribution rates for employees and employers will increase as mandated by law. For employees, the rate will increase from 5.95% to 6.29%, and for employers, the rate will increase from 8.93% to 9.44%. 

This change will be reflected beginning with your July 13th paycheck. The rate change will increase employee contributions by $3.40 per pay period for each $1,000 of wages, and the employer’s contribution will increase by $5.10 per pay period for each $1,000 of wages. 

If you have any questions about this change, contact Steve Jordan, Senior Payroll Specialist at ext. 14908.