Charters and Public School Academies
Governmental Accounting Standards Board (GASB)
Charters and Public School Academies
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| FY 2011-12 Effective October 1, 2011 - September 30, 2012 | ||
| First Worked before July 1, 2010 | First Worked on or after July 1, 2010 | |
| Pension Normal Cost (Prefunded) | 3.47% | 2.24% |
| Pension Unfunded Accrued Liability | 12.49% | 12.49% |
| Early Retirement Incentive Program | 0 | 0 |
| Pension Total Rate | 15.96% | 14.73% |
| 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 | 24.46% | 23.23% |