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New State Fringe Rates For 2015-16

Published April 15, 2015

The Office of the State Comptroller (OSC) officially announced the fringe benefit rates for the 2015-16 fiscal year.

Effective Date

These rates are effective as of July 1, 2015

Applicability

These fringe rates apply to personal service regular (PSR) and temporary service expenditures on the following types of accounts:

  • Income Fund Reimbursable (IFR)
  • State University Tuition Reimbursable Accounts (SUTRA) (NOT designated as summer session)

For SUTRA accounts designated as summer session the fringe rate charged on revenue.  (see summer session rate below)

Uses of Fringe Rates

New Fringe Rates

  15/16

 

 

Federal Non-Federal*
Retirement 15.84% 16.73%
Social Security 7.41% 7.46%
Health Insurance 25.16% 26.52%
Dental Insurance 0.39% 0.47%
Worker's Compensation 3.63% 3.34%

Unemployment Benefits

0.10% 0.15%
Survivor's Benefits 0.08% 0.08%
Vision Benefits 0.05% 0.07%

Employee Benefit Funds

0.92% 1.06%

Total:

53.58% 55.88%

* Most State IFR's use the Non-Federal rate

  15/16
Summer Session (On Revenue)
27.51%

Other Fringe Rates