Orange County NC Website
Browse       Search
72 <br /> FY 2026-27 Expenditure Budget <br /> Local Government Employee Retirement System <br /> Historic and Projected LGERS Contributions <br /> 18.00% <br /> • Both the employee and the employer contributes a percentage of <br /> ",1 16.89 <br /> salary 16.00% 4-**16.02%�, <br /> - Employee contribution is fixed at 6% 15.10% 15.51% <br /> 14.00% 14.35 <br /> - County rate is set each year by the LGERS Board 13.60% <br /> 12.85% <br /> 12.00% Z8.959%1. <br /> 12.10% <br /> 5% <br /> • County percentage has nearly doubled since 2019 <br /> 10.00% <br /> - FY2026- 27 Budget would need $5.5 million less if contributions were at the 2019 rates. 8.00% 7. <br /> 6.00% <br /> • Most recent actuarial estimates project that county contribution will 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 <br /> Proj. Proj. Proj. <br /> continue to increase through FY 2029 -LGERS Contribution — — — Projected <br /> ORANGE COUNTY <br /> 13 NORTH CAROLINA <br />