Current/Projected Fringe Benefit Rates
FY 2022 (Approved Rates)
| Rate Pool |
Fringe Benefit Pool Rate |
|---|
| Clinical Faculty |
21.20% |
| Non-Clinical Faculty |
29.40% |
| Professional & Scientific |
37.70% |
| SEIU |
40.00% |
| Merit |
51.50% |
| House Staff |
24.50% |
| Graduate Assistants |
20.10% |
| Fellowships |
13.70% |
| Post Docs |
20.10% |
| Temporary |
11.40% |
| Bi-Weekly Students |
6.50% |
| Miscellaneous & Extra Compensation |
4.90% |
FY 2023 (Approved Rates)
| Rate Pool |
Fringe Benefit Pool Rate |
|---|
| Clinical Faculty |
24.40% |
| Non-Clinical Faculty |
30.50% |
| Professional & Scientific |
39.20% |
| SEIU |
41.70% |
| Merit |
53.00% |
| House Staff |
25.00% |
| Graduate Assistants |
19.10% |
| Fellowships |
11.50% |
| Post Docs |
19.10% |
| Temporary |
12.20% |
| Bi-Weekly Students |
6.80% |
| Miscellaneous & Extra Compensation |
5.80% |
FY 2024 (Projected Rates)
| Rate Pool |
Fringe Benefit Pool Rate |
|---|
| Clinical Faculty |
25.00% |
| Non-Clinical Faculty |
31.50% |
| P&S (includes Merit Exempt) |
41.00% |
| SEIU |
43.20% |
| Merit |
54.50% |
| House Staff |
26.20% |
| Grad Asst/Post Docs |
17.70% |
| Fellowships |
9.70% |
| Temporary |
11.50% |
| Student |
7.50% |
| Miscellaneous & Extra Compensation |
5.30% |
Fringe rates are based on the principle of allocating a group (ex Clinical Faculty, Non-Clinical Faculty, etc.) of employee's total benefit cost over that group's total salary base for a given fiscal year. The salary base includes the academic year salary plus summer appointment salary. This is based on the assumption that summer session salary is subject to FICA and is entitled to receive the full employer funded contribution to a retirement program. Generally the retirement contribution is 10% of gross salary and the FICA component is 7.65% of gross salary.
