2016 Contribution Rates:
The 2016 Year's Maximum Pensionable Earnings (YMPE) for calculating contributions is $54,900. The contribution rate remains unchanged from 2014 and 2015 at 11.50% of a member's pensionable earnings up to the YMPE and 13.10% above the YMPE.
2015 Contribution Rates:
The 2015 Year's Maximum Pensionable Earnings (YMPE) for calculating contributions is $53, 600. The contribution rate remains unchanged from 2014 at 11.50% of a member's pensionable earnings up to the YMPE and 13.10% above the YMPE.
2014 Contribution Rates:
The 2014 Year's Maximum Pensionable Earnings (YMPE) for calculating contributions is $52,500. The contribution rate is increasing by 0.35% to 11.50% of a member's salary up to the YMPE and 13.1% above the YMPE.
2013 Contribution Rates:
The 2013 Year’s Maximum Pensionable Earnings (YMPE) for calculating contributions is $51,100. The contribution rate is increasing by 0.35% to 11.15% of a member’s salary up to the YMPE and 12.75% above the YMPE.
2012 Contribution Rates:
The 2012 Year’s Maximum Pensionable Earnings (YMPE) for calculating contributions is $50,100. The contribution rate is increasing by 0.4% to 10.8% of a member’s salary up to the YMPE and 12.4% above the YMPE.
2011 Contribution Rates:
The 2011 Year’s Maximum Pensionable Earnings (YMPE) for calculating contributions is $48,300. The contribution rate remains unchanged from 2010 at 10.4% of a member’s salary up to the YMPE and 12.0% above the YMPE.
2010 Contribution Rates:
The 2010 Year’s Maximum Pensionable Earnings (YMPE) for calculating contributions is $47,200. The contribution rate remains unchanged from 2009 at 10.4% of a member’s salary up to the YMPE and 12.0% above the YMPE.