FY 2014 and Projected FY 2015 Fringe Benefits Rates
Below is a table of the FY 2014 and Projected FY 2015 fringe benefits rates. Beginning on July 1st 2014, the rates will change as shown below:
|Full-time faculty and university staff - executive||24.9%||27.7%|
|Full-time classified staff and university staff - managerial & professional and operational & administrative||32.1%||36.5%|
|Part-time faculty and staff with benefits (20-31 hrs)||24.9%||27.7%|
|Part-time faculty and staff without benefits and wage||6.0%||6.0%|
OSP suggests that the new FY 2015 rates be used on any new proposal that will have salaries expensed after July 1, 2014.