93-2  Obsolete

Retirement & Fringe Benefits Rates for Sponsored Programs
June 4, 1993

Retirement and Fringe Benefits Effective July 1, 1993
	          	            Other Fringe	   Fee
	 Retirement	FICA		Benefits	Remissions		Total
	 ----------	----		--------	----------		------
Group A	  22.00%	7.65%		8.93%					38.58%
Group B	  12.00%	7.65%		8.93%					28.58%
Group C			7.65%		8.93%					16.58%
Group D	  10.00%	7.65%		8.93%					26.58%
Group E	  11.25%	7.65%		8.93%					27.83%
Group F			7.65%							 7.65%
Group G	  10.00%(1)	7.65%							17.65%
Group H					$372. 		    (2)			  (3)
Group A
TIAA-CREF personnel on 10 and 12 month appointment employed prior to January 1, 1989.
Group B
TIAA-CREF personnel on 10 and 12 month appointment employed after December 31, 1988.
Group C
Fringe Benefits and FICA on summer salaries of 10 month appointed TIAA-CREF personnel.
Group D
PERF personnel.
Group E
PERF personnel who converted to TIAA-CREF.
Group F
Hourly non-student personnel and internal consultants.
Group G
PERF personnel on internal consulting basis.
Group H
Qualified graduate student employees.

1. If the PERF person had converted to TIAA-CREF this amount should be 11.25%.

2. Health insurance should be a flat amount of $372. per year (half that amount for one semester and nothing for summer only). It should be placed in the fringe benefit category of the budget and included in the base for calculating indirect cost.

3. The amount of fee remission to be budgeted is being left to individual schools. The maximum amount that can be charged to a sponsored project will be total fees (including out of state fees if applicable) less the dedicated fee. The school will be obligated to give a full fee remission (30 hours per 12 month period beginning with the start of the fall semester with at most 12 hours in any semester or combined summer session) to all graduate student employees who are involved in research or teaching activities and are appointed at least 50% FTE.