Proposed Fringe Benefit Pool Rates Effective for Fiscal Year 2010-11

Michael V. McKee, Assistant Vice President and University Controller

The University has calculated new proposed pooled fringe rates and submitted them to the U.S. Department of Health and Human Services.  Although we do not expect any objection, these proposed rates are subject to their approval and as such should be used with that understanding in your planning for fiscal year 2010 -11.  The rates, when approved, will be effective July 1, 2010.

A reminder of the benefits included in the pooled rates:

1. FICA OASDI (Social Security)
2. FICA Medicare
3. Health Insurance (including graduate assistant and postdoctoral associates health insurance)
4. Retirement (employer contributions)
5. Life Insurance
6. Clinical disability insurance
7. Worker’s Compensation
8. Unemployment Compensation
9. Vacation and Sick Leave Cash Outs
10. Sick leave pool payments

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

Please contact the following individuals if you have any questions:

Brian Kuhl, bkuhl@ufl.edu or by phone 392-5778

Jim Ferrer, jferrer@ufl.edu or by phone 392-2402

Sheela Moudgil, moudgils@ufl.edu or by phone 392-1326