Budgeted Fringe Benefits
Calculating salary and fringe costs
The following percentages are used for budgeting and actual fringe rate benefits by the University.
Fringe Benefits for full-time faculty and staff and faculty administrators include Social Security, Medicare , retirement; and various insurances provided by the University (accidental death and disability, dental, life, long-term disability and medical and dental).
Prior Fiscal Year Fringe Benefits
FY23
| Employment Group | Budgeting Percentage |
|---|---|
| Faculty/Full-time Employees | 42.0% / Grant Rate 40.8% |
| Part-time Employees | 7.6% |
| Graduate Assistants | 0.0% |
| Student Workers | 0.0% |
| Part-Time with MOSERS | 33.3% |
| Part-Time with CURP | 13.7% |
FY22
| Employment Group | Budgeting Percentage |
|---|---|
| Faculty/Full-time Employees | 40.0% |
| Part-time Employees | 7.6% |
| Graduate Assistants | 0% |
| Student Workers | 0% |
| Part-Time with MOSERS | 31.6% |
| Part-Time with CURP | 12.2% |
FY21
| Employment Group | Budgeting Percentage |
|---|---|
| Faculty/Full-time Employees | 39.0% |
| Part-time Employees | 7.65% |
| Graduate Assistants | 0% |
| Student Workers | 0% |
| Part-Time with MOSERS | 28.25% |
| Part-Time with CURP | 13.7% |
FY20
| Employment Group | Budgeting Percentage |
|---|---|
| Faculty/Full-time Employees | 37.9% |
| Part-time Employees | 7.65% |
| Graduate Assistants | 0% |
| Student Workers | 0% |
| Part-Time with MOSERS | 29.4% |
| Part-Time with CURP | 12.13% |
FY19
| Employment Group | Budgeting Percentage |
|---|---|
| Faculty/Full-time Employees | 36.7% |
| Part-time Employees | 7.65% |
| Graduate Assistants | 0% |
| Student Workers | 0% |
| Part-Time with MOSERS | 23.3% |
| Part-Time with CURP | 18.3% |