Human resources and payroll information for current employees in FWSU.
VSTRS Rates - FY25
VSTRS is the Mandatory Vermont State Teachers Retirement System for any employee working as a Teacher or Administrator with a Vermont Teaching License. These employees are Teachers, Nurses, SLPs, Principals, Superintendents, etc.
Contribution Rates are based on an 8-tiered system, based on the member's Base Salary as of 7/1/2024, so for FY'25 the VSTRS Contribution Rates are as follows:
" If your FY'25 base salary is ____, your contribution rate is____"
At or below $40,000 - 6.15%
$40,000.01 to $50,000 - 6.20%
$50,000.01 to $60,000 - 6.30%
$60,000.01 to $70,000 - 6.40%
$70,000.01 to $80,000 - 6.55%
$80,000.01 to $90,000 - 6.80%
$90,000.01 to $100,000 - 7.10%
$100,000.01 or more - 7.35%
Your FY'25 Base Salary is your current FY'25 signed Contract. This will be your Contribution Rate for all of FY'25.
Your Contribution Rate for FY'25 will NOT change:
If you complete an FY'25 Horizontal Movement
If you perform any additional work such as coaching, mentorship, stipends, or teacher hourly work.
The only time that your contribution rate may change during the fiscal year is if your FTE changes plus/minus 20% and you have an increase/decrease in salary that places you in a different tier. Only one change per fiscal year is allowed per VSTRS.
As a reminder, please ensure that your VSTRS beneficiary forms are up to date. Contact the VSTRS office at 1-800-642-3190 or find the form at www.vermonttreasurer.gov. Please follow the instructions on the form and mail it to the address on the form. The form does NOT go to FWSU Central Office.
Please feel free to contact Tammy, Candy or myself if you have any questions regarding this information.
VMERS Rates - FY25
VMERS is the Mandatory Vermont Municipal Employees Retirement System for any employee who does not have a Vermont Teaching License & regularly works:
These employees are Paras, Office Staff, Tech Staff, Custodial/Maintenance Staff, Business Managers, OT, BCBA, etc.
Both the Employee & Employer Contribution Rates have increased 0.25%, so for FY'25 the VMERS Contribution Rates are as follows:
FY'25 Groups & Contribution RatesEmployee Rate is:Employer Rate is:Group A = Fletcher Employees4.00%5.50%Group B = Georgia, Fairfax, & FWSU Employees6.375%7.00%
Please feel free to contact Tammy, Candy or myself if you have any questions regarding this information.
As a reminder, please ensure that your VMERS beneficiary forms are up to date. Contact the VMERS office at 1-800-642-3190 or find the form at www.vermonttreasurer.gov. Please follow the instructions on the form and mail it to the address on the form. The form does NOT go to FWSU Central Office.