[Msoadm] Fiscal Year 2021-22 UCRP Interest Assessment
Bobbi A McCracken
bobbi.mccracken at ucr.edu
Tue Jun 29 10:42:09 PDT 2021
MEMORANDUM
TO: UCRFS Users and UC Path Users
FROM: Stephanie Flores, Interim Associate Vice Chancellor
Financial Planning and Analysis
DATE: June 29, 2021
RE: Fiscal Year 2021-22 UCRP Interest Assessment
The following assessment rate has been established by the Office of the President to cover UCRP Interest effective July 1, 2021:
Interest Assessment as % of All Non-Federal Sources of Covered Compensation
FY 2021-22
0.30%
Please note that the interest component is in addition to the Composite Benefit Rate. However, the principal (base) retirement cost is embedded in the existing Composite Benefit Rates.
If you have any questions, please contact budgetoffice at ucr.edu<mailto:budgetoffice at ucr.edu>.
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