Budgeting for Departments

The following information is provided for the purposes of understanding employee and employer costs of benefits.

General Rules

Student employees: employer is not usually charged for social security, retirement, health insurance, or unemployment. Please refer to the Student Employment Office website for more information regarding student employment.

Temporary employees: employer is not charged for retirement or health insurance unless the employee becomes eligible for the benefit.  The Monitoring Hours for Temporary Hourly Employees (PDF) includes details of potential benefit impacts.  For more information or individual eligibility determinations contact Payroll and Benefits at ext.6460.

Tax Rates

(Effective for wages paid January 1, 2014 - December 31, 2016.)

 EmployeeEmployerTotalMaximum Wages
OASI6.20%6.20%12.40%

$127,200 (2017)

$118,500 (2016)

Medicare1.45%1.45%2.90%All Wages
Total7.65%7.65%15.30% 

Current Retirement Rates

(Effective 7/1/2017, TRS Rate will change 9/1/2017)

  EmployeeEmployer
PERS 1 6.00%12.7%
PERS 2 7.38%12.7%
PERS 3 See Handbook12.7%
TRS 2 5.95%13.13%
TRS 3 See Handbook10.39%
LEOFF 2 8.75%8.93%
TIAA-CREFAge less than 35
Age 35 to 50
Age over 50
5.00%
7.50%
10.00%
5.00%
7.50%
10.00%

Medical/Dental Employer Contribution

(Fiscal year rates)

July 1, 2017 - June 30, 2018$913.00 / month
July 1, 2016 - June 30, 2017$888.00 / month
July 1, 2015 - June 30, 2016$840.00 / month

Industrial Insurance

(Calendar year rates per hour worked)

 EmployeeEmployer 

2017 Rate

$0.0906$0.2361 

2016 Rate

$0.08540$0.21060 

2015 Rate

$0.07905$0.18925 

Volunteer Rate for Industrial Insurance

(Calendar year rates)

 EmployeeEmployer
2017 Rate$0.0000$0..0649

2016 Rate

$0.0000$0..0573