Proposed 2023-2024 Fringe Benefit Pool Rates

Olga N. Weider, Assistant Vice President and University Controller

The University has calculated the new proposed fringe rates for fiscal year 2023-2024 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 2023-2024.  The rates, when approved, will be effective July 1, 2023.

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

	FY2024	FY2023	Change
Faculty (9-, 10-, and 12-month)	29.3%	31.0%	-1.7%
COM Clinical Faculty	19.5%	19.6%	-0.1%
Exempt TEAMS/USPS	39.4%	41.6%	-2.2%
Non-Exempt TEAMS/USPS	53.4%	54.8%	-1.4%
Housestaff/Clinical Post Docs (CPFI)	21.5%	21.8%	-0.3%
Graduate Assistants/Reg Post Docs (FAPD)	11.8%	12.4%	-0.6%
Student OPS/Federal Work Study	1.7%	1.3%	0.4%
Other OPS/Temporary Faculty	4.2%	7.2%	-3.0%

Please contact the Controller’s Office at controller-office@ad.ufl.edu or by phone (352) 392-1321, if you have any questions.

More information is available on the Fringe Benefits Pool website at https://hr.ufl.edu/manager-resources/classification-compensation/compensation/fringe-benefits-pool/