Will there be a COLA salary increase for FY19?
June 4, 2018
Is the university planning a cost-of-living adjustment salary increase for non-union
employees in the upcoming fiscal year? The compensation page on the UA website does
not mention it, and the salary adjustment history table that can be downloaded from
that page lists a FY19 salary increase as "TBA."
If the answer is no, this will be the second year in a row with no COLA increase.
A previous Grapevine question highlighted the fact that the UA pension plan contribution
rate has been capped at its current limit since 1992; in addition, the newest PERS/TERS
tiers offer less benefit than previous versions. Please address how the university
plans to retain employees by keeping total compensation competitive with other employers.
Thank you.