Charters and Public School Academies
Governmental Accounting Standards Board (GASB)
Charters and Public School Academies
Employer Contributions Forfeiture Credit Campaign
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| FY 2010-11 (Revised) Effective November 1, 2010 to September 30, 2011 | ||
| First Worked before July 1, 2010 | First Worked on or after July 1, 2010 | |
| Pension Normal Cost (Prefunded) | 3.74% | 2.24% |
| Pension Unfunded Accrued Liability | 8.42% | 8.42% |
| Pension Total Rate | 12.16% | 10.66% |
| Retiree Health Care Contribution (Cash basis) | 5.50% | 5.50% |
| Surcharge due to Injunction | 3.00% | 3.00% |
| Health Total Rate | 8.50% | 8.50% |
| Grand Total | 20.66% | 19.16% |
| FY 2010-11 (Original) Effective October 1, 2010 to October 31, 2010 | ||
| First Worked before July 1, 2010 | First Worked on or after July 1, 2010 | |
| Pension Normal Cost (Prefunded) | 3.74% | 2.24% |
| Pension Unfunded Accrued Liability | 8.42% | 8.42% |
| Pension Total Rate | 12.16% | 10.66% |
| Health Benefits (cash basis) | 7.25% | 7.25% |
| Grand Total | 19.41% | 17.91% |