The Office of
104 Airport Drive Suite 2200, CB 1350
Chapel Hill, NC 27599-1350
Phone: (919) 966-3411
Fax: (919) 962-5011 or (919) 962-3352
Email: resadminosr@unc.edu
RAMSeS Help desk: (919) 843-2594
In preparing research and training proposals to sponsoring agencies, there are always uncertainties with specific project staffing, fringe benefits, and other related costs in future years. Accordingly, it is generally more appropriate to apply a combined rate for fringe benefits and other costs related to compensation. The rate, which varies slightly from the sum of the individual components, should be applied to the total estimated salary and wages subject to such contributions. The combined rate does not include fixed cost for employer-paid hospitalization and health insurance contributions.
As a general guideline budget 19.0% of annual salary plus $4,293.00 prorated to employee % effort.
(View the Fringe Benefits Memorandum dated August 28, 2007 - PDF)
| For full-time permanent EPA/SPA employees: | 19.00% | ||
| Post Docs and Grad Students (Depends on type of Award)(b)(c) | 7.65% | ||
| Health Insurance - Add to the above one of the following Health Insurance premiums prorated to % of effort: | |||
| Employee Classification | Monthly | Annually | |
| Full-time Permanent EPA/SPA employees (Object Code 1832) | $357.75 | $4,293.00 | |
| Post Doctoral Trainees (Object Code 4518) (a) | |||
|
$212.13 | $2,545.56 | |
| Post Doctoral Research Associates (Object Code 1831) (a) | |||
|
$212.13 | $2,545.56 | |
| Grad. Student Health Insurance (Object Codes 1836, 6596) (a) (d) | |||
|
$157.42 | $1,889.00 | |
Notes:
(a) Post Doctoral rates include Student Health fee, but the Graduate Student
rate does not.
(b) See Business
Manual for Student FICA Tax Exemption policy
(c) See additional
funding opportunities for graduate students
(d) To determine Graduate Student Health Insurance eligibility refer to the
DDD memo dated June 1, 2004.
| Social Security (Object Code 1812) For the Old Age, Survivors and Disability Income portion (OASDI) |
|
|---|---|
| Calendar Year 2008: | |
| Taxable salary base (maximum): | $ 102,000.00 |
| Contribution rate: | 6.20% |
| Maximum contribution: | $ 6,324.00 |
| Calendar Year 2007: | |
| Taxable salary base (maximum): | $ 97,500.00 |
| Contribution rate: | 6.20% |
| Maximum contribution: | $ 6,045.00 |
| Social Security (Object Code 1813) For the Medicare Portion |
|
|---|---|
| Calendar Years 2007 & 2008: | |
| Taxable salary base (maximum) | no limit |
| Contribution rate | 1.45% |
| State Retirement (Object Code 1822) Salary base: Gross wages paid by UNC-CH Compensation subject to retirement (maximum) |
|
|---|---|
| Employed prior to 07/01/1996 | $ 335,000.00 |
| Employed on or after 07/01/1996 | $ 225,000.00 |
| Contribution rate (effective 07/01/2007) | 7.83% |
| Optional Retirement Programs TIAA (Object Code 1872) Lincoln National (Object Code 1874) VALIC (Object Code 1875) Fidelity (Object Code 1876) Salary base: Gross wages paid by UNC-CH Compensation subject to retirement (maximum) |
|
|---|---|
| Employed prior to 07/01/1996 | $ 335,000.00 |
| Employed on or after 07/01/1996 | $ 230,000.00 |
| Employer Contribution paid to ORP (effective 07/01/2005) | 6.84% |
| Health and Disability Benefits (Object Code 1873, effective 07/01/2007) | 4.62% |
| Overall Contribution rate: | 11.46% |
| Severance Pay (Object Code 1251) Salary base: SPA Salaries paid from Non-State Funds (Only object codes 121x) |
|
|---|---|
| Contribution rate (effective 07/01/2005) | 0.50% |
| Composite Benefit Fund (Object Code 1892) Covers unemployment, workers compensation, short-term disability pay, and health insurance while on professional leave. Salary base: EPA and SPA salaries paid from Non-State Funds (Object codes 11xx, 12xx, 13xx, and 14xx) |
|
|---|---|
| Contribution rate (effective 10/01/2004) | 0.50% |
| On-Campus Transit Fee (Object Code 3914) Salary Base: All Salaries paid from all funds (Object Codes 11xx, 12xx, 13xx, 14xx) |
|
|---|---|
| Rate (effective 07/01/2006) | 0.208% |
*Note: Due to state, federal and provider adjustments, rates and premiums may change throughout the fiscal year.