Proposed 2021-2022 Fringe Benefit Pool Rates

Published: March 31st, 2021

Category: Memos

Olga N. Weider, Interim Assistant Vice President and University Controller

The University has calculated the new proposed pooled fringe rates for fiscal year 2021-2022 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 2021-2022.  The rates, when approved, will be effective July 1, 2021.

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 CategoriesFY2022FY2021Change
Faculty (9-,10-, and 12-month)31.0%29.7%1.3%
COM Clinical Faculty18.3%18.0%0.3%
Exempt TEAMS/USPS40.7%39.1%1.6%
Non-Exempt TEAMS/USPS54.6%51.6%3.0%
Housestaff/Clinical Post Docs (CPFI)22.4%23.6%-1.2%
Graduate Assistants/Reg Post Docs (FAPD)10.9%10.5%0.4%
Student OPS/Federal Work Study1.2%1.9%-0.7%
Other OPS/Temporary Faculty7.5%5.2%2.3%

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

Comments are currently closed.