Uses of Revenue
Estimated 2011/2012 Cost of 1 Percent Salary Increase
| 2010/11 Final Budget |
2010/11 Retirement Adjustment1 |
2010/11 Adjusted Base |
2011/12 Cost of 1 Percent Salary Increase |
|
|---|---|---|---|---|
| Faculty | ||||
| Salary | $1,266,346,000 | $1,266,346,000 | $12,663,000 | |
| Retirement | $214,228,000 | $38,054,000 | $252,282,000 | $2,523,000 |
| Social Security | $93,076,000 | $93,076,000 | $931,000 | |
| Total | $1,573,650,000 | $38,054,000 | $1,611,704,000 | $16,117,000 |
| Staff | ||||
| Salaries | $1,263,472,000 | $1,263,472,000 | $12,635,000 | |
| Retirement | $202,793,000 | $37,200,000 | $239,993,000 | $2,400,000 |
| Social Security | $90,830,000 | $90,830,000 | $908,000 | |
| Total | $1,557,095,000 | $37,200,000 | $1,594,295,000 | $15,943,000 |
| Cost of 1% | $3,130,745,000 | $75,254,000 | $3,205,999,000 | $32,060,000 |
| Cost of 3% | $96,180,000 | |||
| 12010/11 Member Categories, State Miscellaneous-Tier 1 increased from 16.917% to 19.922% (3.005%) and State Peace Officer/ Firefighter increased from 25.848% to 28.887% (3.039%%); state 2010/11 retirement adjustment is on campus 2010/11 final budget salaries only. | ||||
