|TO:||Deans, Directors, Department Chairs, and Department Administrators (for distribution to all Faculty)|
|FROM:||L Kim Moreland, Director|
|SUBJECT:||Fringe Benefit Rates for July 1, 2008 through June 30, 2009|
|Regular Faculty and Academic Staff||38.50%|
|Research Associates and Grad Interns||24.50%|
|Research Assistants, Project Assistants, Teaching Assistants, Pre-Doc Fellows and/or Trainees||20.50%|
|Post-Doc Fellows and/or Trainees||13.50%|
|Limited Term Employes (LTE's)||17.50%|
|Ad Hoc Program Specialists, Undergraduate Assistants and Undergraduate Interns||6.00%|
|Student Hourly Employes||3.50%|
This year, there are significant rate changes in the Classified and Research Assistant categories The fluctuations are due to DHHS' required methodology for the handling of previous year's under or over-recovery of actual costs. This method has reduced the University's ability to smooth out the impact of increasing health insurance and retirement costs over longer periods of time.
The specific components for each
rate are detailed in a schedule that has been published at: http://www.rsp.wisc.edu/chap4/rn/rn08-2t.html.
We appreciate your assistance in assuring that all projects with an anticipated beginning date of July 1, 2008 or later utilize the above rates.
xc: School/College Research Administrators