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Accounting and Business Support

This table is used for spacing and layout only.  It contains no data.

This table is used for spacing and layout only.  It contains no data.

Contact

Stefanie Furman, CPA

Assistant Director Cost Accounting

303-492-2428

 

 

 

Related Links

ABS Cost Accounting

Benefit Rates by Job Code

Fringe Benefit Negotiation Agreement with HHS

PBA Benefit Rate Detail Page

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

 

FY12 Benefit Rates1

Benefit Rates for FY12 (Effective July 1, 2011)

Employee Type2 Rate
Regular Faculty 26.2%
Prof Exempt & Research Faculty FT/Classified permanent 31.1%
Prof Exempt & Research Faculty PT/Classified temporary 12.7%
Student Faculty 8.1%
Hourly 0.9%
LASP (excludes vacation, holiday, and sick leave) 22.1%

1. Additional Pay is also subject to these benefit rates.

2. Part time (PT) means less than 50%. Full time (FT) is 50% or greater.

 

Past Benefit Rates

Benefit Rates for FY11 (Effective July 1, 2010)

Employee Type2 Rate
Regular Faculty 24.4%
Prof Exempt & Research Faculty FT/Classified permanent 29.2%
Prof Exempt & Research Faculty PT/Classified temporary 15.8%
Student Faculty 7.0%
Hourly 1.2%
LASP (excludes vacation, holiday, and sick leave) 22.6%

1. Additional Pay is also subject to these benefit rates.

2. Part time (PT) means less than 50%. Full time (FT) is 50% or greater.
Additional: Fringe Benefit Summary FY11 posted on PBA website..

 

Benefit Rates for FY10 (Effective July 1, 2009)

Employee Type2 Rate
Classified Staff – Permanent (FT or PT) 27.7%
Classified Staff – Temporary (FT or PT) 13.3%
Regular Faculty 24.4%
Prof Exempt/Research Faculty – Permanent (FT) 27.7%
Prof Exempt/Research Faculty – Permanent (PT) 13.3%
Prof Exempt/Research Faculty – Temporary (FT or PT) 13.3%
Student Faculty 5.3%
Hourly 1.4%
LASP (excludes vacation, holiday, and sick leave) 22.5%

1. Additional Pay is also subject to these benefit rates.

2. Part time (PT) means less than 50%. Full time (FT) is 50% or greater.

 

Benefit Rates for FY09 (Effective July 1, 2008)1

Employee Type2 Rate
Classified Staff – Permanent (FT or PT) 27.7%
Classified Staff – Temporary (FT or PT) 17.0%
Regular Faculty 26.8%
Prof Exempt/Research Faculty – Permanent (FT) 27.7%
Prof Exempt/Research Faculty – Permanent (PT) 17.0%
Prof Exempt/Research Faculty – Temporary (FT or PT) 17.0%
Student Faculty 6.2%
Hourly 1.1%
LASP (excludes vacation, holiday, and sick leave) 26.1%

1. One Time Payments (Additional Pay) are also subject to these benefit rates.

2. Part time (PT) means less than 50%. Full time (FT) is 50% or greater.

 

 

Benefit Rates for FY08 (Effective July 1, 2007)

Employee Type1 Rate
Classified Staff Full Time/Permanent 25.9%
Classified Staff Part Time/Temporary 18.3%
Regular Faculty Full Time 26.4%
Research Faculty/Professional Exempt Full Time 27.5%
Research & Reg Faculty/Prof Exempt Part Time 14.3%
Student Faculty 6.8%
Hourly 0.4%
LASP 22.4%

1. Part time means less than 50% (50% or greater is full time)

 

 

Benefit Rates for FY07 (Effective July 1, 2006)

Employee Type Rate
Classified Staff Permanent 20.9%
Classified Staff Temporary 6.9%
Hourly 0.4%
Research Faculty/Professional Exempt Full Time 25.0%
Regular Faculty Full Time 23.4%
Research & Reg Faculty/Prof Exempt Part Time1 10.7%
Student Faculty 7.4%
LASP 22.7%

1. Part time means less than 50% (50% or greater is full time)

 

 

Benefit Rates for FY06 (Effective July 1, 2005)

Employee Type Rate
Classified Staff Permanent 19.8%
Classified Staff Temporary 7.2%
Hourly 0.9%
Research Faculty/Professional Exempt Full Time 21.6%
Regular Faculty Full Time 23.6%
Research Faculty/Regular Faculty/Professional Exempt Part Time1 10.8%
Student Faculty 6.3%

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.

Employee Type Full-Time/
Regular
Part-Time/
Temporary
Exempt Professionals/
Research Faculty1
21.6% 8.7%
Regular Faculty2 21.2% 8.7%
Student Faculty   3.2%
Classified Staff 19.9% 12.8%
Hourly   2.2%

1. Research Faculty are those with a job code of 13xx.
2. Regular Faculty are those with a job code of 11xx, 12xx, or 14xx.

 

Flat Benefit Rates Effective Through June 2004

Employee Type

Full-Time/
Regular

Part-Time/
Temporary

Exempt Professional/Faculty

21.2%

8.7%

Student Faculty

 

3.2%

Classified Staff

19.3%

12.8%

Hourly

 

2.2%

 

 

 

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