A member’s compensation is used to determine employer contribution to the PBUCC retirement plan. Compensation includes salary and amounts the employer withholds for employee contributions to a Tax-Sheltered Annuity (TSA)
or Flexible Spending Account (FSA)
, along with any housing allowance.
Retirement benefits are based on reported compensation, as are death and disability benefits. Underreporting income or failing to report salary changes will result in lower benefits to the member and their family.