September 24, 2010
Re: FY 2011 Pension Contributions Estimated Billing
The Division of Pension and Benefits has posted the projected 2011 local employer pension bill for PERS and PFRS.
The information is available at:
In addition to the projected 2011 rates, the Division also posted a side by side comparison of the 2010 actual pension billing amount versus the projected 2011 pension billing amount. There are year-to-year comparisons of the full amounts, along with early retirement incentive amounts.
The comparison is available at:
We are currently reviewing the information and how it will impact municipal budgets for 2011.
Very truly yours,
William G. Dressel, Jr.