Defined Dollar Benefit (DDB) Program History of Credits
| Calendar Plan Year Beginning | Monthly Credits | Percent Change |
|---|---|---|
| January 1, 2024 - December 31, 2024 | $401 | 0.00 |
| January 1, 2023 - December 31, 2023 | $401 | 0.00 |
| January 1, 2022 - December 31, 2022 | $401 | 0.00 |
| January 1, 2021 - December 31, 2021 | $401 | 0.00 |
| January 1, 2020 - December 31, 2020 | $401 | 0.00 |
| January 1, 2019 - December 31, 2019 | $401 | 0.00 |
| January 1, 2018 - December 31, 2018 | $401 | 0.00 |
| January 1, 2017 - December 31, 2017 | $401 | 3.08 |
| January 1, 2016 - December 31, 2016 | $389 | 2.36 |
| January 1, 2015 - December 31, 2015 | $380 | 4.00 |
| January 1, 2014 - December 31, 2014 | $365 | 5.00 |
| January 1, 2013 - December 31, 2013 | $348 | 3.26 |
| January 1, 2012 - December 31, 2012 | $337 | 4.00 |
| January 1, 2011 - December 31, 2011 | $324 | 5.00 |
| January 1, 2010 - December 31, 2010 | $309 | 2.65 |
| July 2009 - December 31, 2009 | $301 | 3.79 |
| July 2008 | $290 | 4.32 |
| July 2007 | $278 | 4.12 |
| July 2006 | $267 | 4.29 |
| July 2005 | $256 | 4.49 |
| July 2004 | $245 | - |
Note:
- Credits are also applied to an account of your spouse/ qualified domestic partner at time of retirement provided that they are at least 62 years of age
- The amount of credits provided will be reviewed annually and increased as necessary in accordance with the medical component of the Consumer Price Index up to 5%
- The University reserves the right to modify or terminate these benefits at any time. Modifications that may affect this plan include those made by the federal government's Medicare-related programs