Current/Projected Fringe Benefit Rates

Current Year Rates FY 2015

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

22.30%

Non-Clinical Faculty

29.20%

Professional & Scientific (includes Merit Exempt)

35.70%

SEIU

36.90%

Merit

46.40%

House Staff

39.00%

Graduate Assistants

12.30%

Fellowships

5.90%

Post Docs

12.30%

Temporary

11.70%

Bi-Weekly Students

9.20%

Miscellaneous & Extra Compensation

4.80%

 

Projected FY 2016 Rates

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

23.52%

Non-Clinical Faculty

29.73%

Professional & Scientific (includes Merit Exempt)

36.70%

SEIU

38.05%

Merit

47.90%

House Staff

42.50%

Graduate Assistants

13.80%

Fellowships

7.50%

Post Docs

13.80%

Temporary

11.30%

Bi-Weekly Students

8.50%

Miscellaneous & Extra Compensation

4.80%

 

Projected FY 2017 Rates

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

24.00%

Non-Clinical Faculty

30.39%

Professional & Scientific (includes Merit Exempt)

37.00%

SEIU

38.20%

Merit

48.60%

House Staff

44.00%

Graduate Assistants

14.80%

Fellowships

8.20%

Post Docs

14.80%

Temporary

11.10%

Bi-Weekly Students

7.00%

Miscellaneous & Extra Compensation

4.60%

 

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.