FRINGE BENEFIT RATES
Effective July 1, 2009
Fringe Benefits |
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| A | State Retirement | 12.74% |
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| B | FICA (Social Security) and Medicare | 7.65% |
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| C | Unemployment Compensation | 0.20% |
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| D | Worker's Compensation | 1.00% |
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| E | Health Insurance | see below |
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A major change in
the application of health insurance benefits has been adopted by the state,
effective 1/1/93. Called a "tiered premium," the cost of the
insurance is determined by type of coverage and carrier.
The rates for the carrier, State Health Plan, are provided below for 2009 (per month per covered employee).
Coverage
Type |
Dental |
12-month |
Health & Dental |
9 Month |
Health & Dental |
| Employee Only | 11.71 |
$264.48 |
$276.19 |
$352.64 |
$364.35 |
| Employee & Spouse | 11.71 |
$518.28 |
$529.99 |
$691.04 |
$702.75 |
| Employee & Child | 11.71 |
$372.72 |
$384.43 |
$496.96 |
$508.67 |
| Full Family | 11.71 |
$606.14 |
$617.85 |
$808.19 |
$819.90 |
The amount charged per month depends on the type of appointment a faculty member has. Twelve month appointment rates are applied for faculty with 11 or 12 month appointments.
When the faculty member has a nine-month appointment, twelve month health
and dental coverages are pro-rated over the nine month period.