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Retirement Fund Contributions

Employee and employer contributions provide an important source of funding for the benefits paid to current retirees, future retirees, and other qualified recipients under the ACERA plan. Both you and your employer contribute to fund your ACERA retirement benefits, although contributions are not a part of the formula used to compute your benefit paid at retirement.

Employee and employer contribution rates are set by law according to factors determined by a yearly actuarial study.

Employee Contributions

Employee contribution rates are set annually and are affected by changes in the normal costs of funding the plan, assumed interest rates, cost-of-living benefits, changes in the level of benefits, and changes in life expectancy actuarial tables. ACERA investment gains or losses do not impact employee contribution rates.

The required employee contribution rate you pay will be calculated and reported as a percentage of base pay and certain pay differentials.

Employee contribution rates for Tiers 1, 2, and 3 are determined by age of entry or re-entry into ACERA membership, membership type, and tier. This means that although members may be employed in the same job classification at the same salary, they are unlikely to have the same contribution rate. The employee contribution rate for Tier 4 members is not based on age of entry. All General Tier 4 members and Safety Tier 4 members pay the same percentage respectively into the plan.

Employee contributions are made through regular bi-weekly or monthly payroll deductions and are deducted on a pre-tax basis.

Your contributions are credited to your ACERA retirement account. Interest on funds that have been in your account for at least six months is credited to your account on June 30 and December 31 of each year, as ACERA earns investment income.

See our tier page to find out what tier you’re in.

 
 Average Employee Contribution Rates

Membership Type and Tier

2017/2018 Average Rate

2018/2019 Average Rate

Difference

General Tier 1

8.97%

9.59%

0.62%

General Tier 2 (A)

7.32%

7.81%

0.49%

General Tier 3 (LARPD)

12.85%

13.56%

0.71%

General Tier 4

8.10%

8.76%

0.66%

Safety Tier 1

11.10%

11.57%

0.47%

Safety Tier 2B (3%@50)

14.90%

15.84%

0.94%

Safety Tier 2C (2%@50)

12.58%

13.52%

0.94%

Safety Tier 2D (3%@55)

15.44%

16.42%

0.98%

Safety Tier 4

14.20%

15.75%

1.55%

All Combined

8.75%

9.37%

0.62%

 

How do I see a balance of the employee contributions I’ve paid into the retirement fund?

Click on the Account Login button at the top of this site to visit Web Member Services, where you can access much of the retirement data that we store for you in our database.

Can I borrow against my contributions or withdraw part or all of my contributions?

No. State and federal laws prevent you from borrowing any part of your retirement contributions. They also prevent you from using your retirement contributions as collateral to borrow money from a bank or other lender.

You cannot withdraw your retirement contributions unless you terminate your employment and have been separated from your employment for 30 days. (Expect 30 to 60 days for the funds to be disbursed.) Terminating employment and immediately being rehired for the purpose of withdrawing contributions is a violation of federal law. There are no provisions for an emergency withdrawal of funds from an employee’s account.

Employee Contribution Rates
September 2018 – September 2019

Contribution rates below are the percentage of your gross pay that you contribute from each paycheck into the pension fund. The rate numbers are close to what you pay, although the effective rates may be slightly different because you pay a lower rate on the first $161 of your paycheck. But these are really close.

  • Safety members = Sheriff’s deputies and other sworn officers
  • General members = everyone else
  • Entry Age = the age you were when you entered ACERA membership
  • Tier = your tier based on when you entered ACERA. Find your tier here.
General Member Contribution Rates Tiers 1, 2, and 3

Entry Age

General Tier 1 Contribution Rate

General Tier 2 (A) Contribution Rate

 

Entry Age

General Tier 3 Contribution Rate

15

7.90%

5.42%

 

15

9.20%

16

7.90%

5.42%

 

16

9.20%

17

8.06%

5.52%

 

17

9.38%

18

8.22%

5.63%

 

18

9.56%

19

8.39%

5.74%

 

19

9.75%

20

8.54%

5.85%

 

20

9.94%

21

8.71%

5.97%

 

21

10.13%

22

8.89%

6.09%

 

22

10.33%

23

9.06%

6.20%

 

23

10.52%

24

9.24%

6.33%

 

24

10.73%

25

9.41%

6.45%

 

25

10.93%

26

9.59%

6.57%

 

26

11.13%

27

9.78%

6.70%

 

27

11.34%

28

9.96%

6.82%

 

28

11.56%

29

10.16%

6.95%

 

29

11.79%

30

10.35%

7.09%

 

30

12.01%

31

10.55%

7.22%

 

31

12.23%

32

10.74%

7.36%

 

32

12.46%

33

10.95%

7.50%

 

33

12.69%

34

11.16%

7.63%

 

34

12.93%

35

11.37%

7.78%

 

35

13.18%

36

11.58%

7.93%

 

36

13.43%

37

11.80%

8.08%

 

37

13.68%

38

12.02%

8.23%

 

38

13.95%

39

12.25%

8.38%

 

39

14.21%

40

12.48%

8.54%

 

40

14.49%

41

12.72%

8.71%

 

41

14.78%

42

12.96%

8.87%

 

42

15.08%

43

13.21%

9.04%

 

43

15.38%

44

13.47%

9.22%

 

44

15.69%

45

13.72%

9.39%

 

45

15.97%

46

14.00%

9.58%

 

46

16.25%

47

14.27%

9.76%

 

47

16.51%

48

14.57%

9.95%

 

48

16.73%

49

14.85%

10.12%

 

49

16.96%

50

15.11%

10.30%

 

50

17.14%

51

15.39%

10.45%

 

51

17.28%

52

15.64%

10.59%

 

52

17.18%

53

15.85%

10.71%

 

53

16.89%

54

16.06%

10.81%

 

54 & Up

16.18%

55

16.24%

10.85%

 

 

 

56

16.36%

10.80%

 

 

 

57

16.28%

10.68%

 

 

 

58

15.99%

11.05%

 

 

 

59 & Up

15.32%

11.43%

 

 

 

General Member Contribution Rate Tier 4
8.76%
Safety Member Contribution Rates Tiers 1, 2B, and 2C

Entry Age

Safety Tier 1 Contribution Rate

Safety Tier 2B Contribution Rate

Safety Tier 2C Contribution Rate

15

16.03%

13.46%

10.00%

16

16.03%

13.46%

10.00%

17

16.24%

13.63%

10.16%

18

16.47%

13.81%

10.33%

19

16.69%

13.98%

10.50%

20

16.92%

14.17%

10.67%

21

17.15%

14.35%

10.85%

22

17.38%

14.54%

11.04%

23

17.62%

14.73%

11.21%

24

17.87%

14.93%

11.40%

25

18.12%

15.13%

11.59%

26

18.38%

15.33%

11.79%

27

18.63%

15.53%

11.98%

28

18.89%

15.74%

12.18%

29

19.15%

15.96%

12.38%

30

19.43%

16.18%

12.60%

31

19.71%

16.40%

12.81%

32

20.00%

16.63%

13.03%

33

20.29%

16.86%

13.25%

34

20.59%

17.11%

13.49%

35

20.90%

17.35%

13.72%

36

21.22%

17.62%

13.97%

37

21.56%

17.88%

14.23%

38

21.92%

18.16%

14.49%

39

22.30%

18.44%

14.76%

40

22.68%

18.73%

15.04%

41

23.07%

19.02%

15.31%

42

23.51%

19.27%

15.55%

43

23.89%

19.44%

15.71%

44

24.19%

19.50%

15.77%

45

24.32%

19.39%

15.67%

46

24.34%

19.11%

15.40%

47

23.92%

18.71%

15.01%

48

23.28%

19.24%

15.52%

49 & Up

22.14%

19.79%

16.05%

Safety Member Contribution Rates Tier 2D
Before and After Vesting

Entry Age

Non-Vested Safety Tier 2D Contribution Rate

Vested Safety Tier 2D Contribution Rate

15

15.30%

13.30%

16

15.30%

13.30%

17

15.47%

13.47%

18

15.65%

13.65%

19

15.82%

13.82%

20

16.00%

14.00%

21

16.18%

14.18%

22

16.37%

14.37%

23

16.56%

14.56%

24

16.75%

14.75%

25

16.94%

14.94%

26

17.15%

15.15%

27

17.35%

15.35%

28

17.55%

15.55%

29

17.76%

15.76%

30

17.98%

15.98%

31

18.21%

16.21%

32

18.43%

16.43%

33

18.65%

16.65%

34

18.90%

16.90%

35

19.14%

17.14%

36

19.40%

17.40%

37

19.66%

17.66%

38

19.93%

17.93%

39

20.21%

18.21%

40

20.50%

18.50%

41

20.78%

18.78%

42

21.03%

19.03%

43

21.19%

19.19%

44

21.25%

19.25%

45

21.15%

19.15%

46

20.87%

18.87%

47

20.47%

18.47%

48

21.00%

19.00%

49 & Up

21.54%

19.54%

Safety Member Contribution Rate Tier 4
15.75%

Employer Contributions

Employer contribution rates are also set annually and can vary from year-to-year. Rates depend on the level of established benefits, rate of return on investments, and the cost of administering benefits.

The contributions made on your behalf by Participating Employers are based on your membership type, Tier, and salary.

You do not benefit from employer contributions until retirement— these contributions are used, along with employee contributions, to fund your benefits at retirement.

Employer contributions are never refundable—if you terminate employment and elect to receive a lump sum payment, you will not receive employer contributions made on your behalf.

30-Year Membership

Employee contributions stop when you achieve 30 years of service credit for the following members:

  • All safety members with an entry date prior to January 1, 2013
  • General members who entered or re-entered ACERA membership on or before March 7, 1973, who have made continuous contributions to ACERA and/or a reciprocal agency*
  • General members who entered ACERA membership after March 7, 1973, who meet the following criteria:*
    • Previous ACERA membership on or before March 7, 1973, and
    • Termination and withdrawal of contributions and interest, and redeposit of all eligible contributions and interest upon re-entry.

* General members with ACERA entry dates on or after December 20, 2000 are not eligible for 30 year membership using reciprocal service. They must have a prior entry date with ACERA that is on or before March 7, 1973 that is deferred or is redeposited.

Tier 4 members do not qualify for 30-year membership.

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