RSP Notice 2014-2

THE UNIVERSITY OF WISCONSIN-MADISON
RESEARCH AND SPONSORED PROGRAMS
NOTICE 2014-2
June 18, 2014

TO: Deans, Directors, Department Chairs, and Department Administrators (for distribution to all Faculty)
FROM: Kim Moreland, Associate Vice Chancellor
SUBJECT:  Fringe Benefit Rates for July 1, 2014 through June 30, 2015

The following fringe benefit rates will become effective July 1, 2014 for UW-Madison and UW-Extension, and will be used when charging the employer's contribution to fringe benefits on all new and on-going extramural projects.

UW-Madison Regular Faculty and Academic Staff  33.7%
UW-Madison Regular Classified and UW-Extension Permanent Staff (Faculty, Academic Staff, and Classified) 46.5%
Research Associates and Grad Interns 23.3%
Research Assistants, Project Assistants, Teaching Assistants, Pre-Doc Fellows and/or Trainees  24.5%
Post-Doc Fellows and/or Trainees 15.2%
Limited Term Employes (LTE's) 15.9%
Ad Hoc Program Specialists, Undergraduate Assistants and Undergraduate Interns 7.8%
Student Hourly Employes 4.0%

Rates are based on the actual costs of benefits paid during the fiscal year July 1, 2012 through June 30, 2013. The decreases in the rates are attributable to a decrease in the University's contributions for health insurance and retirement costs. The 2011 Wisconsin Act 10 (Budget Repair Bill) and 2011 Wisconsin Act 32 (Biennial Budget Bill) increased employee contributions for these costs effective July 1, 2011.

The specific components for each rate are detailed in a schedule that has been published at: http://www.rsp.wisc.edu/chap4/rn/rn14-2t.html.

We appreciate your assistance in assuring that all projects with an anticipated beginning date of July 1, 2014 or later utilize the above rates.


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