Chart of Contribution Rate Increases as Passed in the 2019 Texas Legislative session
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Chart of Contribution Rate increases as passed in the 2019 Texas Legislative session
| For pay received on or after | Member Contribution Rate | State Contribution Rate | Public Education Employer Contribution Rate | Pension Surcharge (combination of Member and State Contribution Rates) |
|---|
| 9/1/2020 | 7.7% | 7.5% | 1.6% | 15.2% |
| 9/1/2021 | 8.0% | 7.75% | 1.7% | 15.75% |
| 9/1/2022 | 8.0% | 8.0% | 1.8% | 16.0% |
| 9/1/2023 | 8.25% | 8.25% | 1.9% | 16.5% |
| 9/1/2024 | 8.25% | 8.25% | 2.0% | 16.5% |
