|
BENEFIT TYPE |
ACCOUNT CODE
|
EMPLOYEE CHARGE |
EMPLOYER CHARGE |
|
F.I.C.A. |
|
Social Security |
F910 |
6.2% x gross salary to maximum salary of $102,000^^ |
6.2% x gross salary to maximum salary of $102,000^^ |
|
Medicare |
F915 |
1.45% x gross salary (no limit) |
1.45% x gross salary (no limit) |
|
Retirement
(employee active in only one plan) |
|
LEOFF (Law Enforcement Officers Retirement System) |
F920 |
Plan II: 8.83%* x gross salary |
Plan II: 8.99%* x gross salary |
|
PERS (Public Employees Retirement System) |
F920 |
Plan I: 6.0% x gross salary Plan II: 5.45%* x gross
salary
Plan III: Employee Option |
Plan I: 8.31%* x gross salary Plan II: 8.31%* x
gross salary
Plan III: 8.31%* x gross salary |
|
TRS (WA State Teacher’s Retirement System) |
F920 |
Plan I: 6.0% x gross salary Plan II: 2.90% () x
gross salary
Plan III: Employee Option |
Plan I: 5.82% () x gross salary Plan II:
5.82% () x
gross salary
Plan III: 5.82%() x gross salary |
|
WWURP (University Retirement System) |
F920 |
Age: Less than 35 = 5.0%
35 and over = 7.5%
50 and over = 10.0%
(10% is employee option) |
Matched by University; equal to employee
contribution |
|
Insurance/Other |
|
Basic state covered
Health/Life Insurance |
F940 |
Based on Plan/Option |
$561.00/month per eligible employee* |
|
Industrial Insurance |
F930 |
No charge to employee |
.0752^^ x hrs to a maximum of
$12.04/month (160 hours) |
|
Medical Aid |
F930 |
.06965^^ x hrs to a maximum of $11.14/month (160
hours) |
.06965^^ x hrs to a maximum of $11.14/month (160
hours) |
|
Unemployment |
F960 |
No charge to employee |
.13%** x gross salary |
