FY 2012-2013 | Benefit Rate Components

Fringe Benefit Rate Components for the FY 2012-2013


Full time: Government Agreement All Other
Health Insurance 13.42% 13.42%
Life Insurance 0.03% 0.03%
FICA -OASDI 5.11% 5.11%
FICA -Medical 1.45% 1.45%
Pension 7.63% 7.63%
Employee/dependent tuition* 0.57% 1.96%
Workers' Compensation 0.70% 0.70%
Unemployment compensation 0.37% 0.37%
Postretirement & early retirement benefits 2.80% 2.80%
Study leave 0.63% 0.63%
Benefits management 0.41% 0.41%
Total : 33.10% 34.50%
     
Part time:    
FICA -OASDI 6.20% 6.20%
FICA -Medical 1.45% 1.45%
Workers' compensation 0.75% 0.75%
Total 8.40% 8.40%
     
Post Doc    
Health and life ins. 19.93% 19.93%
FICA -OASDI 5.33% 5.33%
FICA -Medical 1.45% 1.45%
Workers' compensation 0.59% 0.59%
Total 27.30% 27.30%
     
Graduate Student:    
Health and life ins. 21.08% 21.08%
FICA 1.02% 1.02%
Workers' compensation 0.89% 0.89%
Total 23.00% 23.00%
     
     
     
Based on 2010- 2011 Actuals  
     
Prepared by: Patricia Russo, Assistant Controller  
*The rate applied to government sponsored agreements excludes the cost of dependent tuition
and is applied to Federal (3X, 40), State (42) and Local (43) centers.