2026-27 State Employer and Employee Contribution Rates

Body

May 22, 2026
Circular Letter: 200-022-26
Topic: Actuarial

To: State Employers, Agricultural Districts, and State Colleges and Universities

Purpose

The purpose of this Circular Letter is to inform you of the following employer and employee pension contribution rates for fiscal year (FY) 2026-27 approved by the California Public Employees' Retirement System (CalPERS) Board of Administration on April 14, 2026.

Employer Contributions

The employer contribution rates are effective with the first payroll period that ends in July 2026 and are in effect for FY 2026-27. The table provides employer contribution rates for FY 2026-27:

Member CategoryActuarially Required Employer Contribution
as a Percentage of Compensation
for FY 2026-27
State Miscellaneous31.60%
State Industrial20.40%
State Safety21.60%
State Peace Officers & Firefighters49.00%
California Highway Patrol63.81%

Employer contribution rates will continue to vary annually. Pursuant to Government (Gov.) Code section 20683.2(d) of the Public Employees’ Retirement Law, the California State Legislature may adopt higher contribution rates than shown in the table above to redirect savings resulting from increases in member contribution rates for various state members. This law became effective on July 1, 2013 and July 1, 2014. The Legislature adopted the increased rates for FY 2025-26, and it is anticipated that the Legislature will also adopt the increased rates for FY  2026-27.

The table displays the rates, including the additional contributions:

Member CategoryActuarially Required Employer Contribution for FY 2026-27Additional Employer Contribution RateBudget Act Total Contribution Rate for FY 2026-27
State Miscellaneous31.60%0.10%31.70%
State Industrial20.40%0.88%21.28%
State Safety21.60%1.18%22.78%
State Peace Officers & Firefighters49.00%1.65%50.65%
California Highway Patrol63.81%1.32%65.13%

Public Employees’ Pension Reform Act (PEPRA) Employee (Member) Contributions

PEPRA members are required to contribute at least 50% of the total annual normal cost of their pension benefit. As per Gov. Code section 7522.30, state employees are excluded from this requirement except for employees of the Legislature, California State University (CSU), and the judicial branch. PEPRA includes a provision requiring that if the total normal cost changes by more than 1% of payroll, the member contribution rate must be adjusted to half of the new normal cost rate.

The tables shows how member contribution rates are determined, based on 50% of the total normal cost rate for each respective plan.

Basis for Current Rate

Member CategoryTotal Normal CostActuarial Valuation DateMember Rate
State Miscellaneous – CSU, Legislature and Judicial16.21%6/30/20218.00%
State Safety  – CSU, Legislature and Judicial20.97%6/30/202110.50%
State Peace Officers and Firefighters – CSU, Legislature and Judicial26.44%6/30/202113.25%

Rates Effective July 1, 2026

Member CategoryTotal Normal CostChangeChange NeededMember Rate
State Miscellaneous – CSU, Legislature and Judicial16.79%0.58%No8.00%
State Safety  – CSU, Legislature and Judicial21.02%0.05%No10.50%
State Peace Officers and Firefighters – CSU, Legislature and Judicial27.43%0.99%No13.25%

Member Contribution Rates for State Bargaining Units (BU) 2, 5, 12, 16, and 18

Pursuant to Gov. Code section 20683 pertaining to each of the above-mentioned Bargaining Units, members of state Bargaining Units 2, 5, 12, 16, and 18 are required to contribute at least 50% of the total annual normal cost of their pension benefit. The total normal cost is remeasured annually as part of the actuarial valuation. If the total normal cost of the category changes by more than 1% from the total normal cost determined as of the basis valuation date, the new member rate shall be 50% of the new normal cost rounded to the nearest quarter percent, not less than the current member contribution rate. Subsequently, if the total normal cost of the category changes by more than 1% from the basis at that time, the new member rate shall be 50% of the new normal cost rounded to the nearest quarter percent. Provisions vary by bargaining units.

The tables shows how member contribution rates are determined, based on 50% of the total normal cost for each respective plan.

Basis for Current Rate

Member CategoryTotal Normal CostActuarial Valuation DateMember Rate
State Miscellaneous17.71%6/30/20218.50%
State Industrial19.00%6/30/20219.00%
State Safety23.69%6/30/202111.50%

Rates Effective July 1, 2026

Member CategoryTotal Normal CostChangeChange NeededMember Rate
State Miscellaneous18.08%0.37%No8.50%
State Industrial18.60%-0.40%No9.00%
State Safety23.27%-0.42%No11.50%

Note: The member rate listed applies to State Miscellaneous and Industrial members who participate in Social Security. If there are any members of these groups who do not participate in Social Security, the member rate is currently 1% higher than the rate shown.

Basis for Current Rate

Member CategoryTotal Normal CostActuarial Valuation DateMember Rate
State Miscellaneous17.71%6/30/20218.75%
California Highway Patrol31.46%6/30/202414.50%

Rates Effective July 1, 2026

Member CategoryTotal Normal CostChangeChange NeededMember Rate
State Miscellaneous18.08%0.37%No8.75%
California Highway Patrol31.33%-0.13%No14.50%

Note: The member rate listed applies to State Miscellaneous and Industrial members who participate in Social Security. If there are any members of these groups who do not participate in Social Security, the member rate is currently 1% higher than the rate shown.

Basis for Current Rate

Member CategoryTotal Normal CostActuarial Valuation DateMember Rate
State Miscellaneous17.41%6/30/20249.00%
State Industrial18.57%6/30/20249.50%
State Safety23.06%6/30/202411.00%

Rates Effective July 1, 2026

Member CategoryTotal Normal CostChangeChange NeededMember Rate
State Miscellaneous18.08%0.67%No9.00%
State Industrial18.60%0.03%No9.50%
State Safety23.27%0.21%No11.00%

Note: The member rate listed applies to State Miscellaneous and Industrial members who participate in Social Security. If there are any members of these groups who do not participate in Social Security, the member rate is currently 1% higher than the rate shown.

Basis for Current Rate

Member CategoryTotal Normal CostActuarial Valuation DateMember Rate
State Miscellaneous17.41%6/30/20249.00%
State Industrial18.57%6/30/20249.50%
State Safety23.06%6/30/202411.50%

Rates Effective July 1, 2026

Member CategoryTotal Normal CostChangeChange NeededMember Rate
State Miscellaneous18.08%0.67%No9.00%
State Industrial18.60%0.03%No9.50%
State Safety23.27%0.21%No11.50%

Note: The member rate listed applies to State Miscellaneous and Industrial members who participate in Social Security. If there are any members of these groups who do not participate in Social Security, the member rate is currently 1% higher than the rate shown.

Basis for Current Rate

Member Category

Total Normal Cost

Actuarial Valuation Date

Member Rate

State Miscellaneous

15.48%

6/30/2015

10.00%

State Industrial

18.02%

6/30/2015

10.00%

State Safety

22.91%

6/30/2020

11.50%

Rates Effective July 1, 2026

Member Category

Total Normal Cost

Change

Change Needed

Member Rate

State Miscellaneous

18.08%

2.60%

No

10.00%

State Industrial

18.60%

0.58%

No

10.00%

State Safety

23.27%

0.36%

No

11.50%

Notes
  • The member rate listed applies to State Miscellaneous and Industrial members who participate in Social Security. If there are any members of these groups who do not participate in Social Security, the member rate is currently 1% higher than the rate shown.
  • Member contribution rates for Bargaining Unit 18 will remain unchanged because half of the normal cost is lower than the current member rates.

Additional Information

More information can be found on the CalPERS website under the Finance & Administration Committee meeting, agenda item 5d (PDF) from April 13, 2026. The complete actuarial valuation report is expected to be available on the CalPERS website later this summer.

Questions

If you have questions, call our CalPERS Customer Contact Center at 888 CalPERS (or 888-225-7377888-225-7377).

Scott Terando, Chief Actuary
Actuarial Office