The following percentages should be used on budgets accompanying proposals.
Fringe Benefit Rates FY25 (July 1, 2024 - June 30, 2025)
Employee Type | Group Insurance
(Account 732300) | Retirement
(Account 732300) | Terminal Leave
(Account 732300) | Unemployment Insurance
(Account 732320) | Employer Medical Assistance Contribution
(Account 732320) | Medicare Tax
(Account 732320) | Paid Family and Medical Leave | Health & Welfare not included in state rate
(Account 732200) | Total |
---|---|---|---|---|---|---|---|---|---|
Full Time Benefited | 23.35% | 18.63% | 1.46% | 0.23% | 0.08% | 0.88% | 0.43% | *$16.50 per week | 45.06% |
Part Time Non-Benefited | - | - | - | 0.23% | 0.08% | 0.88% | 0.43% | - | 1.62% |
Faculty Additional Compensation | - | - | - | 0.23% | 0.08% | 0.88% | 0.43% | - | 1.62% |
Student Employees | - | - | - | 0.23% | 0.08% | 0.88% | 0.43% | - | 1.62% |
Research Assistants | - | - | - | - | - | - | **11.43% | 0.00% |
* Not included in total for full-time benefited
** Applicable to RAs that take Health Insurance