Retiree Healthcare Trust Fund:
State employees who were hired between July 1, 2009 and June 30, 2010 will see the end of the 3% contribution once they hit their 120 month threshold. The RHTF was established as a 10 year contribution, requiring 120 months of payments into the Retiree Healthcare Trust Fund. These payments were to begin immediately for those hired on/after July 1, 2009 but there were delays in implementing the first payments, if you were hired in July /August or September of 2009, you should review your paychecks to see when the first contribution was actually applied to calculate when your payments should end.
Anyone hired between July 1, 2005 and July 1, 2009 would have started these contributions on July 1, 2010 and therefore the 3% contributions will cease July 1, 2020. Those hired prior to July 1, 2005 did not start contributions until July 1, 2013 so the end date will be July 1, 2023.