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INPRS Updates

TRF Employers: Employer Contribution Rate Increase

Kevin MarshallBy Kevin Marshall - May 1, 2024

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TRF Employers: Employer Contribution Rate Increase

On Friday, April 26th, the INPRS Board of Trustees approved an employer contribution rate of 6.5 percent for the TRF Hybrid and TRF My Choice plans effective January 1, 2025, through December 31, 2025. This new rate will be applied to all payroll dates that occur after January 1, 2025. For TRF My Choice the normal cost will remain at 6.0 percent and the supplemental cost will be 0.5 percent.

*Updated on July 1, 2024

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