RETIRE 21-01, Increase in Agency Retirement Contribution Percentages
Published: October 19, 2021
Effective: Pay Period 21, 2021
Summary
Effective Pay Period 21, 2021, the percentages of Agency contribution rates for the Federal Employee Retirement System (FERS), FERS-Revised Annuity Employees (FERS-RAE), and FERS-Further Revised Annuity Employees (FERS-FRAE) are increasing as detailed in the Office of Personnel Management's (OPM) Benefits Administration Letter (BAL) 21-304.
No action on the part of the employee or the personnel office is necessary.
Implementation
The table below lists the retirement code, retirement plan, and the new Agency contribution amount.
Code |
Retirement Plan |
Percentage |
---|---|---|
K |
FERS and Federal Insurance Contributions Act (FICA) |
18.4 |
L |
FERS and FICA - Air Traffic Controller |
37.5 |
M |
FERS and FICA - Special |
37.6 |
N |
FERS and FICA - Reserve Tech |
21.1 |
O |
Customs and Border Protection Officers |
37.6 |
None |
FERS and FICA Capitol Police |
37.6 |
None |
FERS-RAE and FICA Congressional Employee |
16.6 |
None |
FERS-FRAE and FICA Congressional Employee |
16.6 |
KF |
FERS and FICA |
16.6 |
KR |
FERS and FICA |
16.6 |
LF |
FERS and FICA - Air Traffic Controller |
35.8 |
LR |
FERS and FICA - Air Traffic Controller |
35.8 |
MF |
FERS and FICA - Special |
35.8 |
MR |
FERS and FICA - Special |
35.8 |
NF |
FERS and FICA - Reserve Tech |
19.3 |
NR |
FERS and FICA - Reserve Tech |
19.3 |
OR |
FERS-RAE and FICA Special - Customs and Border Protection Officers |
35.8 |
OF |
FERS-FRAE - Customs and Border Protection Officers |
35.8 |
None |
FERS-RAE and FICA Capitol Police |
35.8 |
None |
FERS-FRAE and FICA Capitol Police |
35.8 |
Inquiries
If you have any questions regarding this notification, please contact the National Finance Center's Retirement Processing Section at
or submit a request via ServiceNow.