Why do JBM District and Municipal Court judges pay more in member contributions than Supreme, Appeals and Superior Court judges?
Supreme, Appeals, and Superior Court justices and judges who participate in JBM will pay 2.5% less in member contributions because the 2.5% previously paid by their employer into their JRA account will now go to the PERS trust fund to help fund their JBM benefit. The combined JBM employer and member contribution rate needed to fund the increased benefit is the same for all JBM members.
