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CONTRIBUTORY
PLAN
Contributory
Plan members are required by law to have retirement
contributions
deducted from their monthly gross salary. If you are a
Contributory member, your pay statements will show a retirement deduction.
NONCONTRIBUTORY
PLAN
Noncontributory
Plan members are most employees hired from July 1, 1984, as well as
employees hired before that date who elected to transfer from the
Contributory Plan. If you are a Noncontributory member, the law
does not require you to deduct retirement contributions from your
monthly gross salary, therefore your pay statements will not show a
retirement deduction.
HYBRID
PLAN
Hybrid
Plan members are most general employees hired from July 1, 2006, as well
as employees hired before that date who elected to join the Hybrid
Plan. If you are a Hybrid member, your pay statement will show a
retirement deduction.
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