Attachment to MEMORANDUM NO. 2003-29
Fringe Benefit Cost Recovery Rates By Expenditure Object - Effective July 1, 2003
Expenditure | Fringe Benefit | |
---|---|---|
Object | Description | Rate |
01-010 | Full Time | 45.82% |
---------------and all other codes not listed below------------- | ||
01-020 | Temporary | 32.82% |
01-030 | Contractual | 7.23% |
01-040 | Student Labor | 0.00% |
01-050 | Fees | 0.00% |
01-090 | Accrued Sick Leave at Retirement | 7.08% |
|
or Death - Subject to FICA/Medicare |
|
01-120 | Accrued Vacation at Termination, Retirement, | 32.67% |
|
or Death - Subject to FICA/Medicare |
|
01-130 | Patient or Inmate Workers | 0.00% |
01-150 | Graduate Assistants - UCONN | 12.82% |
01-170 | Hazardous Duty Pay Differential | 45.35% |
01-180 | Overtime - Temporary Employee | 32.82% |
01-190 | Accrued Vacation at Death - | 25.59% |
Not Subject to FICA/Medicare | ||
01-220 | Accrued Sick Leave at Retirement | 0.00% |
or Death - Not Subject to FICA/Medicare | ||
01-240 | Allowances/Reportable Payments | 22.58% |
Alternate Retirement Plan | ||
Without FICA/Medicare | ||
01-250 | Allowances/Reportable Payments | 29.66% |
Alternate Retirement Plan | ||
With FICA/Medicare | ||
01-260 | Allowances/Reportable Payments | 29.64% |
Teachers Retirement Without Medicare | ||
01-270 | Allowances/Reportable Payments | 31.03% |
Teachers Retirement With | ||
Medicare | ||
01-310 through 01-370 | Teachers Retirement System | 29.64% |
Without Medicare | ||
01-410 through 01-470 | Teachers Retirement Plan With | 31.03% |
Medicare | ||
01-510 through 01-570 | Alternate Retirement Plan Without | 22.58% |
FICA/Medicare | ||
01-610 through 01-670 | Alternate Retirement Plan With | 29.66% |
FICA/Medicare | ||
01-710 through 01-770 | Alternate Retirement Plan With | 23.97% |
Medicare | ||
01-800 through 01-850 | Lecturers (CSU) | 7.23% |
01-860 | Federal College Work-Study (CSU) | 0.00% |
01-870 | Federal College Work-Study Match (CSU) | 0.00% |
01-880 | Summer Workers (CSU) | 7.23% |
01-890 | Co-operative Ed Students (CSU) | 7.23% |
01-900 | Student/Graduate Interns (CSU) | 0.00% |
01-920 | Interest Penalty - Payroll Awards | 0.00% |
01-930 | Durational Employees-No Benefits-UCONN | 32.82% |
01-950 | Buy Back Option | 0.00% |
01-960 | Foreign Nationals with F-1 or J-1 Visa | 12.82% |
01-970 | Graduate Assistants (CSU) | 0.00% |
Fringe benefit cost recovery rates for full time employees of selected retirement plans:
Hazardous Duty With |
45.35% |
FICA/Medicare Hazardous Duty Without |
38.27% |
FICA/Medicare Judges & Compensation Commissioners |
67.55% |
Fringe Benefit Rate By Component
SERS Regular Employees |
25.59% |
Alternate Retirement Plan |
9.43% |
Teachers Retirement Plan |
16.49% |
SERS Hazardous Duty |
25.12% |
Judges/Compensation Commissioners Retirement Plan |
47.32% |
Unemployment Compensation |
0.15% |
Group Life Insurance |
0.18% |
FICA |
5.69% |
Medicare |
1.39% |
Medical Insurance |
12.82% |
Return to Index of 2003 Comptroller's Memoranda
Return to Index of Comptroller's Memoranda
Return to Comptroller's Home Page