What are the fringe benefit rates?

For budgeting purposes, the University's portion of benefits associated with a full-time position for FY16-17 are:

  •  FICA (Social Security): 7.65% of salary
  •  State Retirement: 16.12% of salary
  •  Optional Retirement: 12.82% of salary
  •  Law Officer's Retirement: 21.12% of salary
  •  Medical Insurance: $5,471 per year

These rates are subject to change annually.