From: Jahn, Georg Sent: Thursday, March 03, 2011 9:58 AM To: sponsoredprog-l Subject: Sponsored Programs Bulletin 42: New Fringe Benefit Rates as of 07/01/11 ***************************************************************** S P O N S O R E D P R O G R A M S B U L L E T I N ***************************************************************** To: All Principal Investigators & Research Administrators From: The University Corporation - Sponsored Programs - Re: New Fringe Benefit Rates as of 07/01/11 ________________________________________________________________ Northridge, March 03, 2011 Our cognizant agency, the Department of Health and Human Services (DHHS), Division of Cost Allocation has approved our new benefit rates. The new rates will be charged to all sponsored programs for personnel costs incurred after July 1, 2011. Until then the current rates still apply. Please consider these new rates when preparing budgets for your future projects. Rate 1: 8.8% (until 6/30/2011: 11.7%) ============ for Employees Receiving No Benefits: ------------------------------- - Student Assistants - Casual Appointments - Temporary Appointments - Salary < 6 month - Salary < 20 hr/week - Hourly < 2 years - Hourly > 2 years & <1000 hrs/year Rate 2: 15.8% (until 6/30/2011:16.8%) ============= For Employees with Retirement Benefits Only: --------------------------------------- - Hourly > 2 years & >1000 hrs/year - Casual Appointments > 2 years & >1000 hrs/year - Eligible for, but declined Health Benefits Rate 3: 30.1% (until 6/30/2011: 26.5%) ============= For Employees with Health Benefits But Not Yet Eligible for Retirement (< 2 Years) ------------------------------------------------------------------------------ - Hourly - Fully Benefited - Salary > 6 month & 20 hours/week Rate 4: 42.3% (until 6/30/2011: 40.2%) ============= For Employees with Health Benefits And Eligible for Retirement (> 2Years) --------------------------------------------------------------------- - Hourly - Fully Benefited - Salary > 6 month & 20 hours/week ________________________________________________________________ The Sponsored Programs Bulletin is produced by The University Corporation - Sponsored Programs Department. For questions and comments, please contact Georg Jahn at gjahn@csun.edu. _________________________________________________________________