In compliance with PERA’s requirements, Scoot will deduct 11% of your pay as a retirement contribution on your behalf to a PERA retirement account in your name.

This 11% deduction from your pay replaces the 6.2% deduction for FICA Social Security that Scoot previously paid to the IRS on your behalf.

The net impact on your pay is a 4.8% increase in retirement deductions. All contributions will go to your retirement account.

Scoot will also make a contribution to PERA that is equal or greater than your contribution.

If you are already a PERA member, Scoot will contribute funds on your behalf to your existing PERA account. You will continue to grow your PERA benefit.