FAQ: Retirement > MERS > Municipality

Retirement > MERS > Municipality > Contribution and Fund Transfer

7. What are the wages upon which contributions are based?

Wages reported on the roster includes overtime and longevity payments. Employee contributions are based on gross pay and forwarded monthly to the CMERS. Employer contributions are forwarded monthly also and are based on the gross pay of all eligible CMERS members. Employee contributions are defined by state statute while employer contributions are adjusted each year on July 1.