Fringe Benefit Cost Components

Back to Fringe Benefit Accounting.  

  FY 2024 Fringe Cost Components (APPROVED)

Fringe Pool Fringe Rate Health Retire FICA Medicare Dental Life Disability Other (1)
Clinical Faculty 25.60% 6.90% 9.27% 3.52% 1.45% 0.45% 0.40% 0.44% 3.17%
Non-Clinical Faculty 31.20% 11.56% 9.72% 5.16% 1.45% 0.73% 0.53% 0.38% 1.67%
Professional & Scientific 41.20% 18.81% 9.79% 5.74% 1.45% 1.20% 0.77% 0.41% 3.03%
SEIU 42.40% 20.64% 9.77% 5.95% 1.45% 1.33% 0.84% 0.42% 2.00%
Merit 53.70% 31.06% 9.72% 5.94% 1.45% 1.96% 1.12% 0.42% 2.03%
House Staff 25.50% 15.38% 0.60% 5.88% 1.45% 1.03% 0.58% 0.41% 0.17%
Graduate Assistant 20.30% 14.02% 1.93% 0.49% 1.45% 0.78% 0.00% 0.00% 1.63%
Post Doctorate 20.30% 14.02% 1.93% 0.49% 1.45% 0.78% 0.00% 0.00% 1.63%
Fellowship 9.80% 10.00% 0.00% 0.00% 0.00% 0.55% 0.00% 0.00% -0.75%
Temporary 11.80% 0.05% 3.56% 6.00% 1.45% 0.00% 0.00% 0.00% 0.74%
Miscellaneous 5.30% 0.00% 0.33% 3.21% 1.45% 0.00% 0.00% 0.00% 0.31%
Student 7.00% 0.00% 0.02% 0.32% 1.45% 0.00% 0.00% 0.00% 5.21%

[1] Other includes Unemployment Compensation, Workers Compensation, Payments for vacation & sick leave, termination payouts, Post-Employment Benefits, Waiver of Retirement Premium Insurance, and Carryforward depending of the Fringe Pool.