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University of Florida

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:

FY2024FY2023Change
Faculty (9-, 10-, and 12-month)29.3%31.0%-1.7%
COM Clinical Faculty19.5%19.6%-0.1%
Exempt TEAMS/USPS39.4%41.6%-2.2%
Non-Exempt TEAMS/USPS53.4%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 Study1.7%1.3%0.4%
Other OPS/Temporary Faculty4.2%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/