Approved 2015-2016 Fringe Benefit Pool Rates

Published: June 26th, 2015

Category: Memos

Brad S. Staats, Interim Assistant Vice President and University Controller

The U.S. Department of Health and Human Services has approved the rates for the pooled fringe benefits for fiscal year 2015-16. These rates are the same as those communicated in the Administrative Memo dated April 20, 2015 and are effective July 1, 2015.

The employee categories and corresponding benefit rates are as follows:

Employee Categories FY2016 FY2015 Change
Faculty (9-,10-, and 12-month) 25.7% 27.8% -2.1%
COM Clinical Faculty 17.5% 17.5% 0.0%
Exempt TEAMS/USPS 33.3% 31.8% 1.5%
Non-Exempt TEAMS/USPS 42.9% 45.6% -2.7%
Housestaff/Clinical Post Docs (CPFI)* 28.1% 25.2% 2.9%
Graduate Assistants/Reg Post Docs (FAPD)* 14.9% 13.1% 1.8%
Student OPS/Federal Work Study 2.6% 1.6% 1.0%
Other OPS/Temporary Faculty 5.4% 3.9% 1.5%

The pooled rates include the following benefits:

FICA OASDI (Social Security)
FICA Medicare
Health Insurance (including graduate assistant and postdoctoral associates
health insurance)
Retirement (employer contributions)
Life Insurance
Clinical disability insurance
Worker’s Compensation
Unemployment Compensation
Vacation Leave Cash Outs
Sick leave pool payments
Paid parental leave payments

Please contact the following individuals if you have any questions:
Brian Kuhl, or by phone 392-1231
Greg Dubois, or by phone 392-2402

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