Contributions -- Two levels.

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  • (1) Participating employers shall pay the certified contribution rates to the office to maintain this system on a financially and actuarially sound basis.
  • (2) For purposes of determining contribution rates, this system is divided into two levels according to participating employers as follows:
    • (a) Level A includes the state, its independent agencies, independent entities, public corporations, and other instrumentalities, all participating educational institutions, and all other participating employers whose activities are associated with participating educational institutions.
    • (b) Level B includes all other participating employers in this system.




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