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Fringe Benefit Rate 39% effective July 1, 2012
By Carol Lunn (on 3/21/2012 @ 09:12:35, in Important, read 1259 times)

Fringe Benefits are calculated on all regular employees of the University, including postdoctoral research associates and intermittent employees. Benefits are not calculated on graduate assistants or student workers. The fringe benefit rate is never negotiable.

The fringe benefit rate is projected to be 39% effective July 1, 2012. Please begin to use 39% for full time employees on all proposal budgets and continue to use 8.2% for intermittent wage employees. You should continue to include a 1% fringe increase in your annual budgets for future fiscal years. We recommend you use a 40% fringe benefit rate for fiscal year 2013-2014 and beyond.

This is the rate to use until a new fringe benefit rate is negotiated. We will send the approved rate agreement and post on the ORSP Proposal Development website when Financial Services receives it from the Department of Health and Human Services.