Recommended FY 2022-2024 Operating Budget and CIP

Public Employees Retirement System (PERS)

PERS Historical and Projected Costs

(Net of employee’s share of employer rate)

9

8

7

Millions

$3.3

$3.7 $3.2

$3.6

$3.4

6

$3.2

5

$2.7

$2.5

$2.3

4

$1.8

$1.6

3

$4.9

$4.9

$4.7

$4.6

$4.1 $4.4

2

$3.4 $3.6

$3.2

$2.8

$2.6

1

0

Misc Safety

PERS Historical and Projected Rates and UAL

(Does not include employee’s share of employer rate)

25%

$7,000,000

$6,000,000

20%

$5,000,000

15%

$4,000,000

$3,000,000

10%

$2,000,000

5%

$1,000,000

0%

$-

FY 17-18

FY 18-19

FY 19-20

FY 20-21

FY 21-22

FY 22-23

FY 23-24

FY 24-25

FY 25-26

FY 26-27

FY 27-28

Misc

Safety

Safety PEPRA UAL

SPECIAL ANALYSIS 335