College Pension Plan contribution rates for both employees and the College will increase by 0.10% effective April 1 in order to strengthen the inflation adjustment account. The new rates are as follows:
- Employee: 10.15% (new rate); 10.05% (old rate)
- College: 10.25% (new rate); 10.15% (old rate)
Click here to read the College Pension Plan’s detailed communication.