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FY 2024 – DRAFT (updated September 2023)

For assistance in using this model for budgeting, please contact Chris Jones at 5-9682 or chris.jones@wsu.edu

For assistance in understanding the fringe benefit program, please contact Human Resource Services – Benefit Services at 5-4521.

The FY 2024 benefit model utilizes salary and benefit data from Workday as of October 1, 2022.  Changes in benefit rates include the following:

  • PERS 1, PERS 2 and PERS 3 rates increased to 9.53% on September 1, 2023
  • TRS 1 and TRS 3 rates decreased to 9.70% on September 1, 2023
  • The LEOFF rate increased to 8.73% on September 1, 2023
  • The graduate health plan was approved and the new contribution amount is $2,850/year            (includes dental benefit)
  • PEBB employer health contribution rate increased to $1,145/month on July 1, 2023

 

FY 2023 – FINAL

For assistance in using this model for budgeting, please contact Chris Jones at 5-9682 or chris.jones@wsu.edu

For assistance in understanding the fringe benefit program, please contact Human Resource Services – Benefit Services at 5-4521.

The FY 2023 benefit model utilizes salary and benefit data from Workday as of October 1, 2021.  Changes in benefit rates include the following:

  • PEBB employer health contribution rate increased to $1,130/month
  • Graduate health insurance rate increased to $2,524/year (this rate is still pending approval by the Office of the Insurance Commissioner)
  • Medical Aid/Worker’s Compensation rate increased to 0.3466/hour (.0610 for volunteers)
  • The paid Family and Medical Leave rate increased to 0.0016 * salary