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Accounting and Business Support |
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Contact Deedee Joeris, CPA Cost Accounting Manager 303-492-2428
Related Links PBS Benefits Eligibility Matrix. Click on Eligibility Matrix in Quick Links Termination Pay Program - Overview and explanation Termination Pay Program - How to process termination pay
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Current FY09 Benefit RatesBenefit Rates for FY09 (Effective July 1, 2008)
1. Part time means less than 50% (50% or greater is full time)
Benefit Rates for FY08 (Effective July 1, 2007)
1. Part time means less than 50% (50% or greater is full time)
Benefit Rates for FY07 (Effective July 1, 2006)
1. Part time means less than 50% (50% or greater is full time)
Benefit Rates for FY06 (Effective July 1, 2005)
1. Part time means less than 50% (50% or greater is full time)
Benefit Rates for FY05 (Effective July 1, 2004) Effective July 1, 2004 the flat fringe benefit rates have been revised to include termination vacation and sick leave pay for certain exempt professionals, research faculty, clinical faculty and classified staff. These revisions are effective July 1, 2004. This change has been approved by the Department of Health and Human Services. This new program will pay the vacation and/or sick leave termination costs where an employee is due a payout for accrued vacation and/or sick leave in accordance with existing university and/or State personnel rules. The vacation and/or sick leave termination costs for employees not covered by this program will continue to be charged directly to the FOPPS where their salaries are currently recorded. By incorporating a termination pay component into the flat benefit rates, sponsored projects and departments will avoid absorbing the cost of termination payouts for accrued vacation and sick leave. The current practice has historically created problems when the terminating employee earned the leave while working for a department or on a sponsored project other than the one from which he/she is currently paid.
1. Research Faculty are those with a job code of 13xx.
Flat Benefit Rates Effective Through June 2004
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