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great news if youre in the FRS investment plan contributions just went up as of July 1st 2023 and you dont owe any of that increase [Music] as most of you know there have been a lot of different Law changes and FRS changes that have come down this year as of July 1st 2023 and if youre in the investment plan one of the biggest ones is the amount that is contributed on your behalf so if youre in the FRS investment plan most of you know that youre paying three percent yourself towards that plan what most people dont realize is that your employer is actually paying a percentage as well if youre classified as a regular risk employee and youre not an elected official then your employer is paying in currently before July 1st of 2023 6.3 percent per year if your special risk so First Responders police officers firefighters correctional officers if youre one of those uh classifications your employer is actually paying in 14 of your pay every time you get paid into the FRS investment pl
