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DCR Plan FY 07 and FY 08 Contribution Rates

Previous years' rates

PERS/TRS DCR Plan
FY 2007 and FY 2008 Contribution Rates
2007 PERS (P)* 2007 PERS (A)* TRS 2007 2008 PERS (P)* 2008 PERS (A)* TRS 2008
*P = Peace officers and firefighters
*A = All others
Employer Contribution 5.00% 5.00% 7.00% 5.00% 5.00% 7.00%
Retiree Medical 1.75% 1.75% 1.75% 0.99% 0.99% 0.99%
Occupational Death & Disability 0.4% 0.3% n/a 1.33% 0.58% n/a
Health Reimbursement Arrangement (HRA)** 3.00% 3.00% 3.00% 3.00% 3.00% 3.00%
Totals: 10.15% 10.05% 11.75% 10.32% 9.57% 10.99%

** Per AS 39.30.370, this rate is applied to the employer's average annual compensation. The contribution amount is then converted to a per pay period, per employee contribution amount.  Employer-specific HRA contribution amounts will be stated in rate letters distributed in March 2007.