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Pensions and Benefits
LOCAL EMPLOYER PENSION CONTRIBUTIONS
for State Fiscal Year Ending 2012

Public Employees' Retirement System (PERS) | Police and Firemen's Retirement System (PFRS)

The PERS 2012 and PFRS 2012 employer billing have been revised to reflect savings
from the passage of Chapter 78, P.L. 2011, the Pension and Health Benefit Reform Law.
New comparison reports are provided below.
Also provided is a PERS and PFRS combined comparison.

Comparison of the ORIGINAL AND REVISED 2012 PFRS employer billing

Combined Comparison of the 2012 PERS and PFRS employer billing

Comparison of the ORIGINAL AND REVISED 2012 PERS employer billing

Listed below are links to the charts of the estimated Local PERS and PFRS billing amounts by employer for 2012. The charts list the employers in alphabetical order and include normal and accrued liability pension, noncontributory group life insurance (NCGI) and early retirement incentive costs, if applicable. In addition the charts include amounts due for the first installment of the Chapter 19, P.L. 2009 deferral. Certain locations elected to participate in the deferral of payment of 50% of the normal and accrued liability amounts that were due for their 2009 appropriation bill. These installments are being amortized over 15 years.

2012 LOCAL EMPLOYER BILLING AMOUNTS

Revised Public Employees' Retirement System (PERS) Billing Amounts Adobe PDF (169K)

Police and Firemen's Retirement System (PFRS) Billing Amounts Adobe PDF (60K)

These charts are for budgeting purpose only as these amounts are due and payable on April 1, 2012. Please do not submit payment until you receive an invoice from the Division of Pensions and Benefits.

View a side-by-side comparison of the ORIGINAL AND REVISED 2012 PERS employer billing.

View a side-by-side comparison of the ORIGINAL AND REVISED 2012 PFRS employer billing.

Click here to view PERS Employer Rates and PFRS Employer Rates.

 
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