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Employer Contribution Rates to Decrease by 1.33% for Fiscal Year 2024-2025

Published: February 15, 2024

Starting on July 1, 2024, the City and County of San Francisco will decrease its contribution rates to the San Francisco Employees Retirement System (SFERS) from 18.24% to 16.91%. This 1.33% decrease results from SFERS’ prudent financial performance.