Employer Contributions
CalPERS retirement benefits are funded through contributions paid by contracting employers, members, and earnings from CalPERS investments. Employer contribution requirements are determined by periodic actuarial valuations under state law. Actuarial valuations are based on the benefit formulas the agency provides and the employee groups covered. Contribution requirements shown are the employer required contribution only. Figures do not include the member contribution or any cost sharing.
Public Agencies
Use our Public Agency Required Employer Contributions search tool to find your agency's employer contributions, or view the List of Public Agency Required Employer Contributions (PDF, 1.89 MB).
You can also view Public Agency Actuarial Valuation Reports.
Schools
The schools employer pool contribution rate for fiscal year 2021-22 is 22.91%, effective with the first payroll period ending July 2021. This rate includes a reduction due to Government Code section 20825.2.
More information can be found in Circular Letter 200-39-21 (PDF).
State
Below are the state employer contribution rates per member category for fiscal year 2021-22. These rates are effective with the first payroll period ending July 2021.
| Member Category | Employer Contribution as a Percentage of Compensation |
|---|---|
|
State Miscellaneous |
29.28% |
|
State Industrial |
17.34% |
|
State Safety |
19.47% |
|
State Peace Officer/Firefighter |
32.84% |
|
California Highway Patrol |
63.71% |
More information can be found in Circular Letter 200-038-21 (PDF).
Videos
Actuarial Resources
Resources
- Circular Letters
- Interpreting and Communicating the New CalPERS Actuarial Report
- List of Public Agency Required Employer Contributions (PDF, 1.89 MB)
- List of Public Agency Non-Pooled Plans Funded Status (PDF)
- List of Public Agency Pooled Plans Funded Status (PDF, 3.87 MB)
- Public Agencies & Schools Assumption Methods (XLSX)
- Public Agency Required Employer Contributions
- State Assumption Methods (XLSX)