Current/Projected Fringe Benefit Rates

 

FY 2021 (Approved Rates)

Rate Pool

Fringe Benefit Pool Rate

Clinical Faculty 22.00%
Non-Clinical Faculty 30.30%
Professional & Scientific (includes Merit Exempt) 41.09%
SEIU 42.60%
Merit 53.50%
House Staff 25.25%
Graduate Assistants 22.00%
Fellowships 10.70%
Post Docs 22.00%
Temporary 11.10%
Bi-Weekly Students 6.80%
Miscellaneous & Extra Compensation 4.40%

 

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%

 

Projected Rates

Rate Pool

FY23 FY24
Clinical Faculty 23.40% 22.54%
Non-Clinical Faculty 30.60% 29.98%
P&S (includes Merit Exempt) 38.70% 38.88%
SEIU 41.50% 40.53%
Merit 53.00% 52.51%
House Staff 25.30% 24.98%
Grad Asst/Post Docs 16.50% 19.61%
Fellowships 11.20% 11.24%
Temporary 11.90% 11.46%
Student 6.80% 6.96%
Miscellaneous 5.80% 4.58%

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.