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S.C. Public Employee Benefit Authority

Retirement Benefits

Fiscal Year Contribution Rates

for Employers and Members

Form 1340

Revised 7/1/2023

SCRS, PORS, and ORP Rates

State Agencies, Public School Districts, Institutions of Higher Education, and Political Subdivisions who must pay the Retiree Insurance Surcharge, use the following rates. In addition, pay the Incidental Death Benefit and Accidental Death Benefit (PORS only) premiums, if covered.

	SCRS
FISCAL YEAR	MEMBER RATE	EMPLOYER BASE RATE	INSURANCE SURCHARGE	INCIDENTAL DEATH BENEFIT	COMBINED EMPLOYER RATE

2020	9.00%	15.41%	6.25%	0.15%	21.81%
2021	9.00%	15.41%	6.25%	0.15%	21.81%
2022	9.00%	16.41%	6.25%	0.15%	22.81%
2023	9.00%	17.41%	6.25%	0.15%	23.81%
2024	9.00%	18.41%	6.35%	0.15%	24.91%

	PORS
FISCAL YEAR	MEMBER RATE	EMPLOYER BASE RATE	INSURANCE SURCHARGE	INCIDENTAL DEATH BENEFIT	ACCIDENTAL DEATH BENEFIT	COMBINED EMPLOYER RATE

2020	9.75%	17.84%	6.25%	0.20%	0.20%	24.49%
2021	9.75%	17.84%	6.25%	0.20%	0.20%	24.49%
2022	9.75%	18.84%	6.25%	0.20%	0.20%	25.49%
2023	9.75%	19.84%	6.25%	0.20%	0.20%	26.49%
2024	9.75%	20.84%	6.35%	0.20%	0.20%	27.59%

	ORP
FISCAL YEAR	MEMBER RATE	EMPLOYER PORTION TO VENDOR *	EMPLOYER BASE RATE TO SCRS	INSURANCE SURCHARGE	INCIDENTAL DEATH BENEFIT	EMPLOYER CONTRIB DUE SCRS	TOTAL EMPLOYER RATE

2020	9.00%	5.00%	10.41%	6.25%	0.15%	16.81%	21.81%
2021	9.00%	5.00%	10.41%	6.25%	0.15%	16.81%	21.81%
2022	9.00%	5.00%	11.41%	6.25%	0.15%	17.81%	22.81%
2023	9.00%	5.00%	12.41%	6.25%	0.15%	18.81%	23.81%
2024	9.00%	5.00%	13.41%	6.35%	0.15%	19.91%	24.91%

*5.00% employer contribution goes to ORP member's account (remit to vendor).

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