Members Retirees Employers
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Contributions

The Member

Each member is required to contribute a percentage (currently 10%) of all school earnings to the Retirement System. Contributions are deducted from gross salary and are forwarded by the employer to SERS on a monthly basis. A statement showing total contributions on deposit with the System and service credit as of the fiscal year end is mailed to each member annually.

The Employer

Each employer contributes a set percentage (currently 14%) of its total payroll. This is not refundable either to the employee or the employer.