Academic Fringe Rates

 

FT Faculty

FT Staff

PT (20 - 29 hrs.)

Wage and other misc. payments

2023-24*

28.20% 38.10% 28.20% 7.00%
2022-23 28.00% 37.70% 28.00%

6.80%

2021-22 27.70% 37.40% 27.70%

6.50%

2020-21 28.30% 38.10% 28.30%

6.30%

2019-20 28.90% 39.60% 28.90%

7.60%

2018-19 28.40% 39.40% 28.40%

6.10%

2017-18

28.20%

39.10%

28.20%

5.70%

2016-17

27.80%

38.50%

27.80%

5.30%

2015-16

27.80%

38.90%

27.80%

6.00%

2014-15

27.70%

36.50%

27.70%

6.00%

*Fringe Rates for 2023-2024 are pending DHHS approval

Fringe Rates for 2022-2023 have been approved by DHHS. Rate Agreement Letter
FT Faculty includes all Faculty, University Staff Executives, and most Professional Research Staff
FT Staff includes Classified Staff, University Staff M&P, and University Staff O&A
PT (20-29 hrs.) include all salaried Faculty and Staff working 20-29 hours per week

 

Breakdown of 2021-2022 Fringe Rates

FT Staff Fringe Rate: 37.4%
Retirement: 13.1%
Health Insurance: 14.1%
Social Security: 6.3%
Other Benefits: 3.9%

FT Faculty and All PT Employees: 27.7%
Retirement: 10.3%
Health Insurance: 10.0%
Social Security: 6.4%
Other Benefits: 1.0%

Breakdown of 2022-2023 Fringe Rates

FT Staff Fringe Rate: 37.7%
Retirement: 13.4%
Health Insurance: 13.8%
Social Security: 6.4%
Other Benefits: 4.1%

FT Faculty and All PT Employees: 28.0%
Retirement: 10.7%
Health Insurance: 9.9%
Social Security: 6.5%
Other Benefits: 0.9%

 

 

 

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