Amend the bill, as and if amended, SECTION 1, by striking Section 9-1-1085(A) and inserting:
/ "Section 9-1-1085. (A) As provided in Sections 9-1-1020 and 9-1-1050, the employer and employee contribution rates for the system beginning in Fiscal Year 2012-2013 2017-2018, expressed as a percentage of earnable compensation, are as follows:
Fiscal Year Employer Contribution Employee Contribution
2012-2013 10.60 7.00
2013-2014 10.60 7.50
2014-2015 and after 10.90 8.00
2017-2018 13.56 9.00
2018-2019 14.56 9.00
2019-2020 15.56 9.00
2020-2021 16.56 9.00
2021-2022 17.56 9.00
2022-2023 18.56 9.00
2023-2024 18.56 9.00
2024-2025 18.56 9.00
2025-2026 18.56 9.00
2026-2027 and after 18.56 9.00
The employer contribution rate set out in this schedule includes contributions for participation in the incidental death benefit plan provided in Sections 9-1-1770 and 9-1-1775. The employer contribution rate for employers that do not participate in the incidental death benefit plan must be adjusted accordingly. /
Amend the bill further, as and if amended, SECTION 1, by striking Section 9-11-225(A) and inserting:
/ "Section 9-11-225. (A) As provided in Sections 9-11-210 and 9-11-220, the employer and employee contribution rates for the system beginning in Fiscal Year 2012-2013 2017-2018, expressed as a percentage of earnable compensation, are as follows:
Fiscal Year Employer Contribution Employee Contribution
2012-2013 12.30 7.00
2013-2014 12.50 7.50
2014-2015 and after 13.00 8.00
2017-2018 16.24 9.75
2018-2019 17.24 9.75
2019-2020 18.24 9.75
2020-2021 19.24 9.75
2021-2022 20.24 9.75
2022-2023 21.24 9.75
2023-2024 21.24 9.75
2024-2025 21.24 9.75
2025-2026 21.24 9.75
2026-2027 and after 21.24 9.75
The employer contribution rate set out in this schedule includes contributions for participation in the incidental death benefit plan provided in Sections 9-11-120 and 9-11-125 and for participation in the accidental death benefit program provided in Section 9-11-140. The employer contribution rate for employers that do not participate in these programs must be adjusted accordingly. /
Renumber sections to conform.
Amend title to conform.