Chapter 78 Calculator
Maple Shade 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.
3) Each full-time member paying their contribution toward Chapter 78, P.L. 2011 will see a 20% reduction in their contribution split over the number of pay periods per year; the below contribution amounts already reflect the 20% reduction.