2016-17 Employer Rates

• Social Security remains at 7.65%
• Matching Retirement is at 16.54% (Jan - June 2017)
• Hospitalization is at $479.50/mo (Jan - June 2017)

Rates for subs are as follows:

• Certified: $103 ($110.88 w/SS)
• Uncertified: $80 ($86.12 w/SS)

Also, for those managing federal budgets, the indirect cost rate this year is 8.0%.

2016-17 Local Supplements

Notice of State Liability Insurance

Excess Professional Liability coverage is provided to all employees up to $1 million per occurrence with a $1 million aggregate. 

Coverage for consultation with an attorney regarding violation of professional or employment related right is provided at $2,500 per claim, subject to a $5,000 aggregate per employee, per policy year.

Reasonable and necessary attorneys fees and costs incurred by an employee arising from a criminal proceeding alleging a criminal act was committed within the professional activities of an employee are covered up to $50,000.  Employee must be found "not guilty" of all criminal charges.    

Employees are encouraged to visit www.ncpublicschools.org for a copy of the insurance contract. 

Employees are encouraged to visit www.professionalliabilitync.com for information about this state-funded program and details on How to File a Claim. 

 Liability Insurance for Public School Employees is provided to all employees, including volunteers of public and charter schools.  There is no enrollment process, nor is there a fee or premium charge to employees.   

For additional information or questions, contact Eileen Townsend, NCDPI Chief of Insurance, at 919.807.3522 or eileen.townsend@dpi.nc.gov.

2015-16 Expenditures Report

Per GS 115C-105.25(c), the following links will provide you information on the 2015-16 state expenditures for Watauga County Schools.

http://www.dpi.state.nc.us/docs/fbs/resources/data/2015-16/expend-report.xls

http://www.dpi.state.nc.us/docs/fbs/resources/data/2015-16/program-report-codes.docx

http://www.dpi.state.nc.us/docs/fbs/resources/data/2015-16/object-codes.doc