RETIRE 19-01, Increase in Federal Employees Retirement System (FERS) Agency Contributions

Published: December 20, 2019
Effective: Pay Period 22, 2019

Summary

This bulletin is being issued to inform users that effective Pay Period 22, 2019, the percentage of Agency contribution rates for FERS, FERS-Revised Annuity Employees (FERS-RAE), and FERS-Further Revised Annuity Employees (FERS-FRAE) have increased as detailed in the Office of Personnel Management's (OPM) Benefits Administration Letter (BAL) 19-305.

No action on the part of the employee or the personnel office is necessary.

Implementation

The table below lists the retirement code, retirement system, and the new Agency contribution amount.

Code

Retirement System

Percentage

I

FERS Congressional Employee

23.9

K

FERS and FICA

16

L

FERS and FICA - AIR

33.2

M

FERS and FICA - Special

33.4

N

FERS and FICA - Reserve Tech

18.7

O

Customs and Border Protection Officers

33.4

None

FERS and FICA Capitol Police

23.9

None

FERS and FICA Congressional Employee

16.3

None

FERS and FICA Congressional Employee

16.3

KF

FERS and FICA

14.2

KR

FERS and FICA

14.2

LF

FERS and FICA - AIR

31.4

LR

FERS and FICA - AIR

31.4

MF

FERS and FICA - Special

31.6

MR

FERS and FICA - Special

31.6

NF

FERS and FICA - Reserve Tech

16.8

NR

FERS and FICA - Reserve Tech

16.8

OR

FERS-RAE and FICA Special (CBPO)

31.6

OF

FERS (FRAE) CBPO (Customs and Border Protection Officers)

31.6

None

FERS and FICA Capitol Police

15.8

None

FERS and FICA Capitol Police

15.8

Resources

The procedure manual for this application, which is available online at the National Finance Center (NFC) Web site, is being updated to include the information in this bulletin.

Inquiries

If you have any questions regarding this notification, please contact NFC’s Retirement Processing Section mailbox at rps@usda.gov.