Contributions, Salary & Service

Employee Contribution Rates

During your career and as a requirement of membership, you must contribute a percentage of your base salary each paycheck.  Your contribution rate may vary each fiscal year depending on your Membership Tier and if you are in the DB or DC Plan.

Tier 1 and 2 Members

DB Plan Only

Tier 3 Members

DB and DC Plans

Non-dispatcher 8.41%

 Dispatcher 7.96%

All Correction/Detention contribute to the DC Plan:  Contributions begin upon hire date; complete Membership Form provided by your Employer.

Probation/Surveillance that elect DC Plan:  Make election within first 90 days; see New Members Page under CORP.

Defined Contribution (DC) Plan:  An election amount by the member from 5% to as much as the IRS limit; default rate is 7.0%.  All members in the DC Plan will also pay 0.7% to the DC disability plan.

Probation/Surveillance that elect DB Plan:  Make election within first 90 days; see New Members Page under CORP.

Defined Benefit (DB) Plan:  Rates may change each fiscal year. The rate for FY 2018/19 is 9.90%.

Average Monthly Salary

When you become eligible for a Retirement Benefit, the average monthly salary is used in the calculation to determine your monthly benefit payment.

 Membership Tier 1

Highest average of 36 consecutive months of salary within the last 10 years of service.

 Membership Tier 2

Highest average of 60 consecutive months of salary within the last 10 years of service. 

 Membership Tier 3

 DB Members Only

Highest average of 60 consecutive months of salary within the last 10 years of service. 

Service Versus Credited Service

Your eligibility to receive a pension and how that benefit is calculated is based on two different service criteria:

Your eligibility to receive a normal pension is based on your service within the Plan.  Your service is all the time that is accounted for during your continuous employment and participation in the CORP.  Think of this as the running clock that starts when you first participate in the CORP and continues as long as you remain employed in a CORP designated position.

Credited service is that time while you participate in CORP that is covered by your contributions into the Plan, in addition to any redemption/transferring of eligible time.  So, any pay periods where you may have been on an unpaid leave is not considered credited service. Credited service is the time used to calculate your pension benefit.

Additional Resources

For additional benefit information, you may access the CORP Member Handbook. For personal account information, you may Create a Members Only Account online and then access it at Members Only.