Benefit Rates

  2021-22 2022-23 2023-24 2024-25
Contract* 45.00% 45.50% 46.00% 47.00%
Payroll** 7.50%  8.30% 8.30% 8.30%
Students*** 0.40% 0.80% 0.80% 0.80%

Inflation Rate for use in calculating multi-year salaries and wages: 3% increase per year.

*Contract: Exception (salary and salaried payroll including federal employees)
**Payroll: (hourly wage)
***Students: Students attending at least 50% time (An employee is considered a student if he/she is registered for 6 credits in an undergraduate program or 3 credits in a graduate program)

Current Benefit Rates Memo