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2022 TSERS Employer Contribution Rate Change

August 1, 2022

The employer retirement contribution rates have been communicated to us by the North Carolina Teachers and State Retirement System (TSERS). Effective July 1, 2022, the TSERS employer contribution rate increased from 24.10% to 24.50% and the Optional Retirement Program (ORP) employer disability and retiree health contribution rate increase from 5.99% to 6.99%.

TSERS Employer Contribution Rate Change

July 16, 2020

The employer retirement contribution rates have been communicated to us by the North Carolina Teachers and State Retirement System. Effective July 1, 2020, the TSERS employer contribution rate increased from 19.79% to 21.68% and ORP employer disability and retiree health contribution rate increased from 6.57% to 6.77%.

Retro Retirement Adjustment Included in B06 and M03

September 30, 2016

To: MOU Financial Leads, Business Managers From: Walter Miller, Labor Accounting Manager, Payroll Services Subject: Retro Retirement Adjustment included in B06 and M03 Please see the attached PDF document for information and illustrations related to a retroactive retirement adjustment included in Biweekly 06 … Continued

E-Print report for M13 employer rate change now available

August 12, 2013

To:     University Business Managers From: Elizabeth C. (Betsi) Snipes, Director of Payroll Services Date: August 12, 2013 Please note the E-Print online report dated Aug. 7, 2013, is the backup for the Monthly 13 (02,04,06) report which represents … Continued

Employer Retirement Rates – FY 2011-12

June 30, 2011

To: Business Managers From: Dennis Press, University Controller Date: June 30, 2011 The employer contribution rates for retirement plans are changing for fiscal year 2011-2012. Effective July 1, 2011, the TSERS rate will increase from 10.51 to 13.12%. The ORP … Continued

Employer Contribution for State Retirement- Obj Code 1823

September 10, 2010

To:     Business Managers Human Resources Facilitators From:  Dennis Press, University Controller Date:  September 10, 2011 This is to provide an update regarding the 1.36% Employer Contribution Reserve for State Retirement.  The University has received notification from State-level offices that the … Continued

Employer Contribution for State Retirement- FY 2010-11

July 19, 2010

To:     Business Managers Human Resources Facilitators From:  Dennis Press, University Controller Date:  July 19, 2010 The standard notifications regarding benefit rates will be distributed again this year, but I wanted to mention an issue regarding the Employer Contribution for State … Continued

M13 (02,04,06) Reports for TSERS Retirement Rate Change – Aug 2009

August 24, 2009

To:      University Business Managers Human Resources Facilitators From:  Elizabeth C. (Betsi) Snipes, Director of Payroll Services Date:   August 24, 2009 The M13 (02,04,06) reports reflecting the retro Teachers’ and State Employees’ Retirement Program (TSERS) rate change for Biweekly 26, Biweekly … Continued