Proposed 2024-2025 Fringe Benefit Pool Rates

Matthew H. Ellis, Deputy Controller

The University has calculated the new proposed fringe rates for fiscal year 2024-2025 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 2024-2025.  The rates, when approved, will be effective July 1, 2024.

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

	FY2025	FY2024	Change
Faculty (9-, 10-, and 12-month)	30.1%	29.3%	0.8%
COM Clinical Faculty	19.2%	19.5%	-0.3%
Exempt TEAMS/USPS	37.7%	39.4%	-1.7%
Non-Exempt TEAMS/USPS	50.6%	53.4%	-2.8%
Housestaff/Clinical Post Docs (CPFI)	22.0%	21.5%	0.5%
Graduate Assistants/Reg Post Docs (FAPD)	11.6%	11.8%	-0.2%
Student OPS/Federal Work Study	1.0%	1.7%	-0.7%
Other OPS/Temporary Faculty	4.2%	4.2%	0.0%

Please contact the Controller’s Office at controllers-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/.