Fringe Benefit Rates *(updated 4/16/07) |
|
| 1. Faculty, Managerial/Professional Employees, Post-Docs | 28% of salary |
| 2. Full-time hourly employees | 42% of salary |
| 3. Graduate assistants | 32% of salary for tuition remission |
Plus health insurance at the following estimated rates: ** |
|
| 7/1/08 - 6/30/09 | $1200 |
| 7/1/09 - 6/30/10 | $1320 |
| 7/1/10 - 6/30/11 | $1450 |
| 7/1/11 - 6/30/12 | $1595 |
| 7/1/12 - 6/30/13 | $1755 |
| increase by 10% per year there after | |
| 4. Undergraduates (full-time students) | None |
| 5. Temporary Employees (including part-time students) | 9.0% (FICA, Medicare, Workers Compensation, & Unemployment insurance) |
| * According to our rate agreement, fringe benefits are charged individually as actual costs. Therefore, a higher or lower rate may be estimated on a case-by-case basis, if justified in the proposal. ** The rates shown above take into account that GRAs must now pay 21% of the cost of their individual health benefit. This applies to all funding sources--state accounts and sponsored program accounts. |
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