Proposed 2020-2021 Fringe Benefit Pool Rates
Alan M. West, Assistant Vice President and University Controller
The University has calculated the new proposed pooled fringe rates for fiscal year 2020-2021 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 2020-2021. The rates, when approved, will be effective July 1, 2020.
The pooled rates include the following employer-paid costs of taxes and benefits:
FICA OASDI (Social Security)
FICA Medicare
Health Insurance (including graduate assistant and postdoctoral associates health insurance)
Retirement
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 | FY2021 | FY2020 | Change |
Faculty (9-,10-, and 12-month) | 29.7% | 26.8% | 2.9% |
COM Clinical Faculty | 18.0% | 18.8% | -0.8% |
Exempt TEAMS/USPS | 39.1% | 35.7% | 3.4% |
Non-Exempt TEAMS/USPS | 51.6% | 48.6% | 3.0% |
Housestaff/Clinical Post Docs (CPFI) | 23.6% | 23.4% | .2% |
Graduate Assistants/Reg Post Docs (FAPD) | 10.5% | 12.1% | -1.6% |
Student OPS/Federal Work Study | 1.9% | 1.6% | 0.3% |
Other OPS/Temporary Faculty | 5.2% | 5.7% | -0.5% |
Please contact Brian Kuhl, bkuhl@ufl.edu or by phone (352)294-7266, if you have any questions.
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