Human Resource Services
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Fringe Benefits Pool
Proposed fringe benefit pool rates effective for Fiscal Year 2011-12
The university has calculated new proposed pooled fringe rates and submitted them to the U.S. Department of Health and Human Services. Although an objection is not expected, these proposed rates are subject to approval and, as such, should be used with that understanding in your planning for fiscal year 2011-12. The rates, when approved, will be effective July 1, 2011.
A reminder of the benefits included in the pooled rates:
- FICA OASDI (Social Security)
- FICA Medicare
- Health Insurance (including graduate assistant and postdoctoral associates health insurance)
- Retirement (employer contributions)
- Life Insurance
- Clinical disability insurance
- Worker's compensation
- Unemployment compensation
- Vacation and sick leave cash-outs
- Sick Leave Pool payments
- Paid Parental Leave payments
The employee categories and corresponding proposed benefit rates are as follows:
FY2012 |
FY2011 |
Change |
|
Faculty (9-,10-, and 12-month) |
26.9% |
28.3% |
-1.4% |
COM Clinical Faculty |
22.5 |
24.6% |
-2.1% |
Exempt TEAMS/USPS |
30.0 |
34.5% |
-4.5% |
Non-Exempt TEAMS/USPS |
40.8 |
44.7% |
-3.9% |
Housestaff/Clin Post Doc Associates |
31.4% |
16.8% |
14.6% |
Graduate Assistants & Reg Post Docs |
8.3% |
8.8% |
-0.5% |
Student OPS/Federal Work Study |
3.1% |
0.5% |
2.6% |
Other OPS/Temporary Faculty |
2.6% |
2.4% |
0.2% |
Based on similarities in fringe benefits, effective July 1, 2011, Regular Post Docs have been moved from the Housestaff/Post Docs category to the Graduate Assistants category for purposes of determining the fringe benefit pooled rates.
The proposed rates also include impacts of recent legislation requiring employee contributions toward their retirement.
Please contact the following individuals if you have any questions: Brian Kuhl, 392-1231; Jim Ferrer, 392-2402; or Sheela Moudgil, 392-1324.