July_1st_15
Changes to the Payroll System for the July 2015 RG1 pay cycle:
- New Work Study Transfer Projects
The projects for Work Study transfer accounts have changed for the new fiscal year. They are:
- Federal Work Study (FWT) 7801 from 2015 to 2016
- State Work Study (SWT) 7802 from 2015 to 2016
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WFSE Union Dues Changes
For union dues element 166 the monthly maximum deduction amount increases to $78.80. For union representation dues element 172 the rate of calculation increases from 1.03% to 1.11% and the monthly maximum increases from $52.58 to $58.45.
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State Share Changes
The monthly employer-paid contribution rate for benefit-eligible employees is increased to $840.00.
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Classified Employee 3% Increase
WSU Classified employees received a 3% increase effective July 1.
Questions regarding employee eligibility can be directed to Human Resource Services (509-335-4521). Questions regarding funding/budget can be directed to the Budget Office (509-335-9187).
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Department of Retirement Rate Changes
Per DRS Notice 15-007 the following rate changes have been made for earnings effective July 1:
- The employer contribution rate for Pers 1, 2 and 3 has increased from 9.21% to 11.18%. The employee deduction on Pers 2 has increased from 4.92% to 6.12%.
Please contact Payroll at (509) 335-1277 or payroll@wsu.edu if there are any questions.