Benefit Rates
2022-23 Rates
Permanent Positions
- If budgeting for a three quarter time and greater position, budget benefits as follows:
| Social Security |
7.65%
|
of budgeted salary |
| State Retirement |
24.50%
|
of budgeted salary |
| State Retirement (LEO) |
29.50%
|
of budgeted salary |
| Optional Retirement |
13.83%
|
of budgeted salary |
| Medical |
$7,397
|
current rate per year |
- If budgeting for a .75 time position, budget benefits as follows:
| Social Security |
7.65%
|
of budgeted salary |
| State Retirement |
24.50%
|
of budgeted salary |
| State Retirement (LEO) |
29.50%
|
of budgeted salary |
| Optional Retirement |
13.83%
|
of budgeted salary |
| Medical |
$7,397
|
current rate per year |
Time Limited Positions
- If budgeting for a time-limited position, budget benefits as follows:
| Social Security |
7.65%
|
of budgeted salary |
| State Retirement |
24.50%
|
of budgeted salary |
| State Retirement (LEO) |
29.50%
|
of budgeted salary |
| Optional Retirement |
13.83%
|
of budgeted salary |
| Medical |
pro-rate for amount needed
|
$7,397 divided by 12 months, times the number of months needed for the remainder of the fiscal year. |
Temp Positions
- If budgeting for a SHRA or EHRA temp position, budget benefits as follows:
| Social Security |
7.65%
|
of budgeted salary |
