Chapter 78 Calculator
Shamong Township Schools
Plan
Year July 1, 2024 through June 30, 2025
Employees are required to pay either the calculated percentage or
1.5 percent of salary, whichever is higher. Note:
1) The below Online Calculator provides a calculation based on mandated percentages; it does not provide a calculation based on individual 1.5 percent of salary.
2)
Keep in mind that you are responsible for contributing the higher of
the resulting calculated percentage or 1.5 percent of monthly
salary.
Note: While we have taken every precaution to ensure this content is accurate, this website is for informational purposes only. The information here is not intended to be exhaustive or construed as legal advice. In force documents, such as carrier contracts, employment agreements, etc., will prevail in the event of a discrepancy.