Greetings;
We have received the annual updates for new fiscal year benefit rates.  We are planning to install these on 7/6, prior to any BW computes.

The release contains the following:
Adjust the PERS Employer Contribution Rate to 26.728 %
Adjust the PERS FICA Employer Contribution Rate to 26.728 %
Adjust the OPEB rate to 2.93.
Adjust the UCRP Supplemental Assessment Rate to 1.19.
Adjust the CalPERS 1959 Survivor Benefit Rate to 5.15.

As always if you have questions, comments, or concerns please let us know.

Thanks!