Audit Resources
Minimum Compensation Amount
Surcharge Minimum Compensation Amounts |
||||
|---|---|---|---|---|
FY2020 |
$19,600 |
|||
FY2019 |
$21,600 |
|||
FY2018 |
$23,700 |
|||
FY2017 |
$23,500 |
|||
FY2016 |
$23,000 |
|||
FY2015 |
$20,450 |
|||
FY2014 |
$20,250 |
|||
FY2013 |
$20,525 |
|||
FY2012 |
$35,800 |
This surcharge amount is exclusively used to fund health care benefits.
Employer Contribution Allocation
Employer Contribution Allocation (% of Payroll) |
FY2020 |
FY2019 |
FY2018 |
FY2017 |
FY2016 |
|---|---|---|---|---|---|
Pension |
13.15 |
12.61 |
12.59 |
13.20 |
13.21 |
Medicare B |
0.81 |
0.83 |
0.85 |
0.75 |
0.74 |
Death |
0.04 |
0.06 |
0.06 |
0.05 |
0.05 |
Health Care |
0.00 |
0.50 |
0.50 |
0.00 |
0.00 |
TOTAL |
14.00 |
14.00 |
14.00 |
14.00 |
14.00 |
Comprehensive Annual Financial Report
The Comprehensive Annual Financial Report (CAFR) contains detailed information about SERS’ financial operations, including our stewardship of the funds entrusted to us, and our compliance with all of the legal requirements placed on us by the state. The CAFR details major initiatives and highlights, investments, and funding for the period from July 1 to June 30.
Summary Annual Financial Report
The Summary Annual Financial Report (SAFR) is an overview of the financial health, investment performance, demographics, and key accomplishments of the last fiscal year. All of the financial information summarized in this publication can be found in more detail in our CAFR.
