Details.
Effective January 1, 2026, the WCTPT Trustees approved an extension of the 1.6% bonus accrual rate through December 31, 2026. This accrual rate applies to all participants regardless of the years of service the participant has earned. The accrual rate will return to 1.2% as of January 1, 2027. The accrual rate for earning non-contributory service remains at 1.2%.