An Act relating to employer contributions in the teachers' retirement system; relating to supplemental employee benefits; and providing for an effective date.

Summary

The bill raises the payroll‑period contribution rate that employers must pay into the teachers' retirement system from 12.56% to 14.56% of base salaries, and boosts the contribution to each member’s individual account from 7% to 9% of compensation. It also lets employers who are not in federal Social Security join the state's supplemental employee benefits program if they meet certain criteria. These changes aim to strengthen retirement funding and broaden benefit options for eligible public‑sector workers.

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