Employee UCRP Contribution Rates - Current

Employee UCRP Contribution Rates effective August 1, 2014

Bargaining Unit Code

UCRP and FICA

Below FICA Maximum

UCRP and FICA

Above FICA Maximum

UCRP and no FICA

 

UCRP Safety

99, BX, CX, IX, K4, KM, LX, PA, PX 
(2013 Tier - Employee hire on or after July 1, 2013)

7.0%

7.0%

7.0%

9.0%

99, BX, CX, IX, K4, KM, LX, PA, PX 
(1976 Tier - Employee hire before July 1, 2013)

8.0%

8.0%

8.0%

9.0%

EX, HX, NX, RX, SX, TX 
(1976/2013 Tiers - Employee hire before, on or after July 1, 2013)

9.0%9.0%9.0%9.0%

Social Security (FICA): The Social Security wage base for 2014 is $117,000. There is no wage base limit for Medicare. The EMPLOYEE tax rate for Social Security (OASDI) is 6.2% through December, 2014

The Employer contribution rate for UCRP is (retirement code U) is 14%. Tier Two (retirement code B) is 7 %.