The increase or decrease in the Retirement System graded rates depends on the gap between the System average rate and the previous graded rate:
- If the gap is 1 percent or more, then the graded rate will increase/decrease by 1 percent in the direction of the System average rate.
- If the gap is less than 1 percent, then the graded rate will be set to the System average rate.
Note: Graded rates are calculated based on a System average rate that does not include employer Group Term Life Insurance (GTLI) owed that fiscal year.
| Fiscal Year End | System Average Rate, Excluding GTLI | Contribution Stabilization Program Graded Rate | System Average Rate with GTLI |
|---|---|---|---|
| Employees’ Retirement System | |||
| 2012 | 15.9 | 10.5 | 16.3 |
| 2013 | 18.5 | 11.5 | 18.9 |
| 2014 | 20.5 | 12.5 | 20.9 |
| 2015 | 19.7 | 13.5 | 20.1 |
| 2016 | 17.7 | 14.5 | 18.2 |
| 2017 | 15.1 | 15.1 | 15.5 |
| 2018 | 14.9 | 14.9 | 15.3 |
| 2019 | 14.4 | 14.4 | 14.9 |
| 2020 | 14.2 | 14.2 | 14.6 |
| 2021 | 14.1 | 14.1 | 14.6 |
| 2022 | 15.8 | 15.1 | 16.2 |
| 2023 | 11.4 | 14.1 | 11.6 |
| 2024 | 12.4 | 13.1 | 13.1 |
| 2025 | 14.8 | 14.1 | 15.2 |
| Police and Fire Retirement System | |||
| 2012 | 21.6 | 18.5 | 21.6 |
| 2013 | 25.7 | 19.5 | 25.8 |
| 2014 | 28.9 | 20.5 | 28.9 |
| 2015 | 27.5 | 21.5 | 27.6 |
| 2016 | 24.7 | 22.5 | 24.7 |
| 2017 | 24.3 | 23.5 | 24.3 |
| 2018 | 24.3 | 24.3 | 24.4 |
| 2019 | 23.5 | 23.5 | 23.5 |
| 2020 | 23.5 | 23.5 | 23.5 |
| 2021 | 24.4 | 24.4 | 24.4 |
| 2022 | 28.3 | 25.4 | 28.3 |
| 2023 | 27.0 | 26.4 | 27.0 |
| 2024 | 27.7 | 27.4 | 27.8 |
| 2025 | 31.1 | 28.4 | 31.2 |
Rev. 12/23