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New Contribution Rates to Take Effect July 1st

Fiscal 2014 - 2015 Contribution Rates

The total contribution rate for the ASRS defined benefit plan and LTD program will increase slightly from 11.54 percent to 11.60 percent, effective Tuesday, July 1st. Here is a breakdown:

 

 

FISCAL 2014-15

July 1, 2014 – June 30, 2015

Retirement Pension
& Health Insurance

Benefit

Long Term 
Disability Income Plan

Total

Employee

11.48%

0.12%

11.60%

Employer

11.48%

0.12%

11.60%

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