A: You are required to contribute a set percentage of your regular compensation, and if applicable, an additional 2% on any regular compensation over $30,000.00 through regular payroll deductions. Your contribution rate is established by the Commonwealth’s retirement law (Chapter 32 of the Massachusetts General Laws) and is determined by the date on which you most recently became eligible for membership in a Massachusetts contributory retirement system and from which you continuously maintained your funds on account. Most of our members will establish membership in a contributory retirement system on the date that they start working as a public employee in Massachusetts.
| If the date on which you became a member of a Massachusetts contributory retirement system and from which you continuously maintained your funds on account is... | Your contribution rate is... |
| Prior to January 1, 1975 | 5% |
| January 1, 1975 through December 31, 1983* | 7% |
| January 1, 1984 through June 30, 1996* | 8% |
| On or after July 1, 1996* | 9% |
* An additional 2% deduction on any regular compensation over $30,000.00 is determined by your date of membership. If the date on which you establish membership in a Massachusetts contributory retirement system and from which you continuously maintained your funds on account is:
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- Before January 1, 1979..................NOT subject to additional 2%
- On or after January 1, 1979………..….subject to additional 2%