2008/09 Support Budget

Budget Proposal: Compensation

2008/09 Compensation Increase, $91.1 Million

It is essential that the CSU fund compensation that supports recruitment and retention of highly qualified and motivated faculty, staff, and management. The 2008/09 Support Budget plan includes a 3 percent ($91.1 million) compensation increase for faculty and staff. The actual distribution of the compensation increase will be determined by negotiations between collective bargaining units and the Chancellor's Office. Nonrepresented employee salary increases are set by the chancellor. The following table shows the faculty and staff compensation components from which the 2008/09 cost of a 1 percent salary increase and total 3 percent increase in compensation funding are derived:

  2007/08
Final Budget
2007/08
Retirement
Adjustment1
2007/08
Adjusted
Base
2008/09
Cost of 1 Percent
Salary Increase
Faculty        
Salaries
$1,267,012,000   $1,267,012,000 $12,670,000
Retirement
$209,057,000 ($4,561,000) 204,496,000 2,045,000
Social Security
94,392,000   94,392,000 944,000
Total $1,570,461,000 ($4,561,000) $1,565,900,000 $15,659,000
Staff        
Salaries
$1,201,380,000   $1,201,380,000 $12,014,000
Retirement
190,731,000 ($4,017,000) 186,715,000 1,867,000
Social Security
83,521,000   83,521,000 835,000
Total $1,475,632,000 ($4,017,000) $1,471,616,000 $14,716,000
Cost of 1% $3,046,093,000 ($8,578,000) $3,037,516,000 $30,375,000
Cost of 3%       $91,125,000

1 2007/08 Member Categories, State Miscellaneous-Tier 1 decreased from 16.997% to 16.633% (-.364%) and State Peace Officer/Firefighter increased from 24.505% to 25.552% (1.047%)

The 2007/08 compensation base is comprised of salaries, retirement, and social security (OASDI and Medicare) budgeted by campuses. The 2007/08 compensation base has been adjusted for changes in employer-paid retirement rates (-$8.6 million) that are processed by the California Department of Finance after the start of the fiscal year.


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Last Updated: November 13, 2007