Proposed 2018-2019 Fringe Benefit Pool Rates

Published: April 13th, 2018

Category: Memos

Alan M. West, Assistant Vice President and University Controller

The University has calculated the new proposed pooled fringe rates for fiscal year 2018-19 and has submitted them to the U.S. Department of Health and Human Services. Although we do not expect any objections, the proposed rates are subject to DHHS approval and should be used with that understanding in your planning for fiscal year 2018-19. The rates, when approved, will be effective July 1, 2018.

The pooled rates include the following employer costs of taxes and 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
Eligible Leave Cash Outs
Sick Leave Pool Payments
Paid Parental Leave Payments

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

Employee Categories FY2019 FY2018 Change
Faculty (9-,10-, and 12-month) 27.0% 27.4% -0.4%
COM Clinical Faculty 17.8% 18.3% -0.5%
Exempt TEAMS/USPS 35.1% 35.8% -0.7%
Non-Exempt TEAMS/USPS 48.3% 45.2% 3.1%
Housestaff/Clinical Post Docs 23.1% 20.6% 2.5%
Graduate Assistants/Reg Post Docs 11.7% 10.2% 1.5%
Student OPS/Federal Work Study 1.3% 0.6% 0.7%
Other OPS/Temporary Faculty 5.6% 6.6% -1.0%

Please contact Brian Kuhl, or by phone (352)294-7266, if you have any questions.

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