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Commissioners keep Wichita County retirement contribution rate at 14% for 2026
Summary
Wichita County voted 5-0 to keep the elected TCDRS contribution rate at 14% and group term life rate at 0.11% (total 14.11%) for 2026, citing actuarial gains and recruitment/retention benefits; commissioners noted reducing the rate by 1% would save roughly $300,000 but preferred to remain ahead of actuarial liabilities.
Wichita County Commissioners Court voted Tuesday to maintain the county’s elected contribution rate for the Texas County & District Retirement System (TCDRS) at 14% for 2026, with a group term life rate of 0.11%, a total budgeted rate of 14.11%. The motion, made by Commissioner…
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