Dear Employer: On November 4, 2016, the Indiana Public Retirement System (INPRS) Board of Trustees, that oversees the Public Employees’ Retirement Fund (PERF), approved a composite employer contribution rate of 11.2 percent effective Jan. 1, 2018 for employers reporting on a calendar year basis and effective July 1, 2017 for employers reporting on a fiscal year basis. Previously, a separate contribution rate was calculated for each of PERF's employers. Senate Enrolled Act 549, which passed in 2011, allows INPRS to create a pool of employers with a common rate. This is intended to reduce the year-to-year volatility of employer contribution rates. The 2018 composite employer contribution rate of 11.2% is unchanged from the composite employer contribution rate for 2017. If your submission unit name and number are on the attached list then your employer contribution rate will be 11.2% beginning July 1, 2017 or Jan. 1, 2018 depending on your reporting period. Please print a copy of this letter for your records if needed as individual rate letters will no longer be sent via US Mail. If there are questions or concerns in regard to your employer contribution rate, please feel free to contact our office at 888-876-2707 or at eppa@inprs.in.gov.

Sincerely, Indiana Public Retirement System

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