Contribution Rate Changes Effective July 1, 2021
In July 2021, member contribution rates will be increasing by 0.5% for most members. This is the third phased-in scheduled increase as part of 2018 legislation. This will take the member rate to 10.5% for most members (10% rate as planned in the SB 18-200 legislation and a 0.5% auto adjust that took place in July 2020). There is no additional auto adjust increase scheduled for July 2021 (as a result of 2019 performance). Important reminder: The new member rate will apply to all payrolls that have an end date in July 2021. Employer rates are not changing in July 2021.