Yale University Retirement Annuity Plan (YURAP)- Increase in Bend Point
There have been changes to the Yale University Retirement Annuity Plan (YURAP) with the start of the new fiscal year on July 1. All faculty and staff enrolled in the plan will begin contributions at the 2.5% rate. When an employee's accumulated fiscal year salary reaches the plan bend point, the contribution rate will automatically increase to 5%. The new plan bend point for fiscal year 2006-2007 is $50,150.