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University of California Office of the President |
Memo |
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Senior
Vice President Business and Finance Research
Administration Office |
Operating Guidance No. 99-01 Supplement 1 November 30, 2001 |
CONTRACT AND GRANT OFFICERS (CAMPUS AND LAB)*
VICE CHANCELLORS-ADMINISTRATION
Subject: CANCELLED Revised Employee Benefits Projections
This Supplement 1 to Contract and Grant Memo, Operating Guidance No. 99-01, transmits revisions to the Employee Benefits Projections to incorporate the addition of the Defined Contribution Plan for Summer Employment of 9 Month Academic Employees, and the reduction in the Employee Incentive Award Assessment for staff. The result is a change in the projections for Staff Personnel—Career, Summer Employment, Staff Personnel—Casual with CORE benefits, and Casual without CORE benefits. All other Employee Benefits Projections issued in Contract and Grant Memo 99-01 remain the same. The enclosed revised benefit rates for the above-mentioned groups are to be used in calculating budgets for all contract and grant proposal
benefit rates beginning January 1, 2002. All rates are expressed as a percent of salaries.
EMPLOYEE BENEFIT RATES
Applicable January 1, 2002
STAFF PERSONNEL—CAREER 22%
SUMMER EMPLOYMENT, 9 MONTH 12.7% (exclude FICA if not coordinated)
ACADEMIC EMPLOYEES
STAFF PERSONNEL--CASUAL WITH CORE 4.4% (plus 6.2% OASDI when applicable)
STAFF PERSONNEL--CASUAL WITHOUT 3.5% (plus 6.2% OASDI when applicable)
CORE BENEFITS
Refer: Barbara Yoder Subject Index: 02, 07, 10
(510) 987-9848 Organization Index: U-115
barbara.yoder@ucop.edu (e-mail)
David F. Mears
Director, Research Administration Office
Enclosures
cc: Vice Chancellors--Research
Accounting Officers
Internal Audit Managers
David Low/DHHS Audi
ENCLOSURE 1
Schedule 1: Employee Benefits--Composite Rates (effective 1/1/2002)
Staff--Career
(UCRS) Retirement Contribution 0.00
Health Plan Contribution 7.88
Social Security (FICA) 7.65
Dental Plan 1.65
Vision Contribution 0.33
Workers' Compensation Insurance 1.28
Employee Support Program 0.18
Unemployment Insurance 0.24
Non-Industrial Disability Insurance (NDI) 0.21
Life Insurance (Employer Paid) .14
Annuitant Health/Dental Program 1.85
Employee Incentive Award Assessment 0.50
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Total 21.91
Rounded to: 22%
Schedule 2: Employee Benefits-Special Rates
9 Month Academic - Summer Employment
Workers' Comp 1.28
Unemployment Insurance 0.24
FICA 7.65
Defined Contribution Plan 3.50
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12.67 rounded to: 12.7%
(exclude FICA if not coordinated)
(working more than 17.5 hrs/wk, excluding: students in casual restricted jobs or an academic title designated as student assistant; per diem, by agreement, and stipend only employees; and initial appointment of temporary for less than three months)
Workers' Comp 1.28
Unemployment Insurance 0.24
Medicare portion of FICA 1.45
CORE Medical 0.89
CORE Life Insurance 0.02
Employee Incentive Award Assessment 0.50
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4.38 rounded to: 4.4%
(add OASDI when applicable)
(working less than 17.5 hrs/wk and agreement, stipend only, per diem, and temporary employees)
Workers' Comp 1.28
Unemployment Insurance 0.24
Medicare 1.45
Employee Incentive Award Assessment 0.50
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3.47 rounded to: 3.5%
(add OASDI when applicable)