FPF Pension Committee Apointments 

As you are aware, the July 15, 2011 paycheck is the first paycheck reflecting the mandatory employee 3% contribution. With this paycheck, many employees have also noticed that the County’s employer contribution amounts have also changed and it may “seem” that the overall contribution going the FRS has decreased. However, you need not worry because the total going to your account at FRS is not changing (see further explanation below). The difference is being picked up from the FRS Trust Fund as it has been in previous years.  Please review the below information as it clarifies how much is being sent from the employee and the employer as well as percentages from the FRS Trust Fund.