Current/Projected Fringe Benefit Rates

FY 2018 (Approved Rates)

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

23.73%

Non-Clinical Faculty

29.00%

Professional & Scientific (includes Merit Exempt)

38.00%

SEIU

38.30%

Merit

60.00%

House Staff

20.00%

Graduate Assistants

23.00%

Fellowships

7.50%

Post Docs

23.00%

Temporary

12.00%

Bi-Weekly Students

8.20%

Miscellaneous & Extra Compensation

4.30%

 

FY 2019 (Estimated Rates)

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

23.40%

Non-Clinical Faculty

30.20%

Professional & Scientific (includes Merit Exempt)

38.50%

SEIU

39.00%

Merit

62.50%

House Staff

21.00%

Graduate Assistants

24.00%

Fellowships

7.50%

Post Docs

24.00%

Temporary

12.00%

Bi-Weekly Students

8.00%

Miscellaneous & Extra Compensation

4.30%

 

FY 2020 (Estimated Rates)

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty

24.00%

Non-Clinical Faculty

31.10%

Professional & Scientific (includes Merit Exempt)

39.20%

SEIU

40.00%

Merit

64.50%

House Staff

21.00%

Graduate Assistants

25.00%

Fellowships

7.50%

Post Docs

25.00%

Temporary

12.00%

Bi-Weekly Students

8.00%

Miscellaneous & Extra Compensation

4.35%

 

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.