FY 2025 – DRAFT

• DRAFT FY2025 General Model
• DRAFT FY2025 Rates

Changes in benefit rates include the following:

• PEBB employer health contribution rate increases to $1,170/month on July 1, 2024
• PERS plans 1, 2, and 3 employer contribution rates reduce to 9.09% effective July 1, 2024
• Graduate health insurance contribution increases to $3,174.59 – this is a preliminary rate and pending state approval

FY 2024 – FINAL

• FINAL FY2024 General Model
• FINAL FY2024 Rates

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

 

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.