Approved Fringe Benefit Pool Rates Effective for Fiscal Year 2011-12

Published: July 22nd, 2011

Category: Memos

Michael V. McKee, Assistant Vice President and University Controller

The U.S. Department of Health and Human Services has approved our proposed pooled fringe rates as submitted. The rates were effective July 1, 2011 and have been updated in the MyUFL system centrally.

A reminder of the benefits included in the pooled rates:

  1. FICA OASDI (Social Security)
  2. FICA Medicare
  3. Health Insurance (including graduate assistant and postdoctoral associates health insurance)
  4. Retirement (employer contributions)
  5. Life Insurance
  6. Clinical disability insurance
  7. Worker’s Compensation
  8. Unemployment Compensation
  9. Vacation and Sick Leave Cash Outs
  10. Sick leave pool payments

The employee categories and corresponding approved benefit rates are as follows:

COM Clinical Faculty 22.5%
Faculty (9-,10-, and 12-month) 26.9%
Exempt TEAMS/USPS 30.0%
Non-Exempt TEAMS/USPS 40.8%
Housestaff/Clinical Post Docs 31.4%
Graduate Assistants/Reg Post Docs 8.3%
OPS/Temporary Faculty 2.6%
Student OPS/Federal Work Study 3.1%

Please contact the following individuals if you have any questions:

Brian Kuhl, or by phone 392-5778

Jim Ferrer, or by phone 392-2402

Sheela Moudgil, or by phone 392-1324

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