What are the fringe benefit rates?

For general fund budgeting purposes, the University's portion of benefits associated with a full-time position for FY20-21 are:

  •  FICA (Social Security): 7.65% of salary
  •  State Retirement: 21.68% of salary
  •  Optional Retirement: 13.61% of salary
  •  Law Officer's Retirement: 26.68% of salary
  •  Medical Insurance: $6,326 per year

These rates are subject to change annually.