Uses of Revenue
Estimated 2010/2011 Cost of 1 Percent Salary Increase
| 2009/10 Final Budget1 |
2009/10 Retirement Adjustment2 |
2009/10 Adjusted Base |
2010/11 Cost of 1 Percent Salary Increase |
|
|---|---|---|---|---|
| Faculty | ||||
| Salary | $1,252,384,000 | $1,252,384,000 | $12,524,000 | |
| Retirement | 203,420,000 | 3,889,000 | 207,309,000 | 2,073,000 |
| Social Security | 91,273,000 | 91,273,000 | 913,000 | |
| Total | $1,547,077,000 | $3,889,000 | $1,550,966,000 | $15,510,000 |
| Staff | ||||
| Salaries | $1,206,638,000 | $1,206,638,000 | $12,066,000 | |
| Retirement | 188,814,000 | $3,557,000 | 192,371,000 | 1,924,000 |
| Social Security | 85,002,000 | 85,002,000 | 850,000 | |
| Total | $1,480,454,000 | $3,557,000 | $1,484,011,000 | $14,840,000 |
| Cost of 1% | $3,027,531,000 | $7,446,000 | $3,034,977,000 | $30,350,000 |
| Cost of 2.5% | $75,875,000 | |||
1The 2009/10 final budget salaries above include campus 2009/10 final budget expenditures plus an adjustment to add back $273 million compensation reductions from 2009/10 employee furloughs. |
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22009/10 Member Categories, State Miscellaneous-Tier 1 increased from 16.574% to 16.917% (.343%) and State Peace Officer/Firefighter decreased from 26.064% to 25.848% (-0.216%); state 2009/10 retirement adjustment is on campus 2009/10 final budget salaries only. |
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