This announcement applies only to the University of Illinois Springfield.
Updated FY23 Fringe Benefit Rates take effect for pay periods BW16 and MN8.
The FY 23 Final Facilities & Administrative (F&A) Rates and Fringe Benefit Rates document provides detailed rate application guidelines for F&A and fringe benefits.
Current and historical Springfield rates documents are available from the “Rate Schedules (F&A, Fringe Benefits, Tuition)” page of the OBFS System Government Costing Web site. The rate posting related to this specific communication is named under the Springfield section.
FRINGE BENEFIT RATES
|
Employee Group
|
Total Benefit Rate
|
Retirement*
|
Health, Life, Dental
|
Workers’ Compensation
|
Termination
|
Medicare**,***
|
OASDI
|
Employees Covered by the State University Retirement System (SURS)
|
40.81%
|
12.83%
|
25.24%
|
0.01%
|
1.28%
|
1.45%
|
|
Non-student Employees NOT covered by SURS
|
7.66%
|
|
|
0.01%
|
|
1.45%
|
6.20%
|
Graduate Assistants
|
0.01%
|
|
|
0.01%
|
|
|
|
Students Enrolled > Half Time**
|
0.01%
|
|
|
0.01%
|
|
|
|
Students Enrolled < Half Time**
|
7.66%
|
|
|
0.01%
|
|
1.45%
|
6.20%
|
*For employees who have elected the self-managed plan the actual rate of 7.6% will be charged.
**IRS regulations require FICA (OASDI plus Medicare) withholding on assistantship salaries when a student is registered for fewer than six credit hours during the fall and spring semesters, and fewer than three hours in the summer, except if registering for this many credits would result in taking more credits than required for the degree.
***This chart includes a Medicare charge for employees hired after 4/1/86. There are no Medicare charges for employees hired before that date.
FRINGE BENEFIT RATES
The fringe benefit rates are updated annually. Unlike facilities and administrative cost rates, changes in fringe benefit rates are assessed immediately when they become effective, even if the budgeted rates are different. Fringe benefit rate changes for FY23 are effective July 1, 2022.
QUESTIONS
- Questions related to rate applications in proposals should be directed to the Office of Research & Sponsored Programs at ora@uis.edu.
- Questions related to rate applications to project financial funds should be directed to Research and Sponsored Programs Post-Award, at 217-206-7849 or 217-206-6558, uisgcopostaward@uillinois.edu.