Fringe Benefit Rate Estimates*

(updated 10/12/2016)


1. Personnel with base salaries above $70,000
30% of salary

 


2. Personnel with base salaries between $40,000-$70,000
40% of salary

 


3. Personnel with base salaries below $40,000
50% of salary

 


4. Graduate assistants
40% of salary for tuition remission

Plus graduate assistant health insurance at the following estimated rates: **

7/1/16 – 6/30/17
$1,613
7/1/17 – 6/30/18
$1,774
7/1/18 – 6/30/19
$1,952
7/1/19 – 6/30/20
$2,147
7/1/20 – 6/30/21
$2,362
7/1/21 – 6/30/22
$2,598
7/1/22 – 6/30/23
$2,858
7/1/23 – 6/30/24
$3,143
7/1/24 – 6/30/25
$3,458

 

increase by 10% per year thereafter

 


5. Part-Time (less than 0.5 FTE) Employees, Including Part-Time Students
8.5% of salary for FICA, Medicare & Workers Comp

 


6. Undergraduate Students (Full Time)
none

 


*According to our rate agreement, fringe benefits are charged individually at actual costs. Therefore, a higher or lower rate may be estimated on a case-by-case basis, if justified in the proposal. Benefits include FICA, workers compensation, unemployment, retirement, health & life insurance.

**The rates shown above take into account that GRAs must pay 21% of the cost of their individual health benefit.  This applies to all funding sources–state accounts and sponsored program accounts.