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. |