Fringe Benefits |
Subcode |
FY 2010 Rates | FY 2011 Rates est. (1) | FY 2012 Rates est. (1) | |||
|---|---|---|---|---|---|---|---|
Fringe Benefits |
Workers' Comp |
Fringe Benefits |
Workers' Comp |
Fringe Benefits |
Workers' Comp |
||
| Full-Time State Retirement | 1010 |
69.03% |
0.99% |
70.03% |
0.99% |
71.03% |
0.99% |
| Alternative Retirement Plan: | |||||||
Without FICA/Medicare |
1510 |
15.24% |
0.99% |
16.24% |
0.99% |
17.24% |
0.99% |
With FICA/Medicare |
1610 |
34.25% |
0.99% |
35.25% |
0.99% |
36.25% |
0.99% |
With Medicare |
1710 |
24.94% |
0.99% |
25.94% |
0.99% |
26.94% |
0.99% |
| Teachers' Retirement Plan: | |||||||
Without Medicare |
1310 |
27.59% |
0.99% |
28.59% |
0.99% |
29.59% |
0.99% |
With Medicare |
1410 |
35.24% |
0.99% |
36.24% |
0.99% |
37.24% |
0.99% |
Temporary Labor: |
|||||||
Without Retirement |
1030 |
7.94% |
0.99% |
8.94% |
0.99% |
9.94% |
0.99% |
With Retirement |
1030 |
14.19% |
0.99% |
15.19% |
0.99% |
16.19% |
0.99% |
| Graduate Assistant | 1150 |
12.55% |
0.99% |
13.55% |
0.99% |
14.55% |
0.99% |
| Student Labor (2) | 1040 |
0.00% |
0.99% |
0.00% |
0.99% |
0.00% |
0.99% |
| Durational - No Benefits | 1930 |
47.17% |
0.99% |
48.17% |
0.99% |
49.17% |
0.99% |
| Durational - Benefits | 1940 |
69.03% |
0.99% |
70.03% |
0.99% |
71.03% |
0.99% |
| Foreign National | 1960 |
18.97% |
0.99% |
19.97% |
0.99% |
20.97% |
0.99% |
(1) Estimated University developed fringe benefit rates. Subject to change pending further refinement and analysis. Internally, the University
will not allocate fringe benefits based on actual costs for Health Insurance, FICA & Medicare and Group Life Insurance.
(2) A student who is enrolled and regularly attending summer session classes will be exempt from FICA social security/medicare deductions
for the duration of such session(s); otherwise a 7.65% deduction will be applied to earnings during the summer employment, and a corresponding
7.65% fringe cost will be charged to the account's 5320 subcode.
Updated: 6/24/09