Cost of One Percent Increase

$43,689,000​​

Estimated 2019-20 Cost of One Percent Salary Increase

  2018-19 Final Budget​ 2018-19 Retirement Adjustm​​ent2018-19 Adjusted base2019-20 Cost of One Percent Salary Increase
Faculty    
Salaries$1,643,062,000 $1,643,062,000 $16,430,000
Retirement$418,981,000 $15,987,000 $434,968,000 $4,350,000
Social Security
$110,907,000 ​​$110,907,000 $1,109,000
Total$2,172,950,000 $15,987,000 $2,188,937,000 $21,889,000
Staff  ​​ 
 
Salaries$1,626,236,000
$1,626,236,000 $16,263,000
Retirement$431,699,000 $14,743,000 $446,442,000 $4,464,000
Social Security$107,276,000 $107,276,000 $1,073,000
Total$2,165,211,000 $14,743,000 $2,179,954,000 $21,800,000
Grand Total
$4,338,161,000 $30,730,000 $4,368,891,000 $43,689,000