Estimating Fringe Benefits 2009-10

03/17/2009 08:26 am

This page is for budget planning purposes only. For information on benefits, contact the Insurance and Benefits section of Human Resources or the Division of State Group Insurance. Actual rates used in payroll calculation are maintained by Payroll Services; see FSU Policies and Procedures, section OP-D-2, pertaining to Payroll.

Casualty Insurance/Unemployment Compensation

  • Casualty Insurance: Worker's Comp, Federal Civil Rights, & General Liability
  • Unemployment Compensation: temporary income payments to workers who lost their job through no fault of their own

The costs for both Casualty Insurance and Unemployment compensation are paid for from a central E&G department.


Casualty Insurance is billed on an annual basis. The cost to Non-E&G funds will be charged in November. The assessment is based on each department's percentage of salary and OPS expenses from two years prior. Unemployment Compensation is billed directly to Auxiliary departments on a quarterly basis, depending upon employees who previously worked for that specific department.


An assessment is made on both salaried and OPS C&G appointments to cover these costs. For more information see the Sponsored Research Facts Sheet.

Retirement and FICA

Rates effective July 1, 2008, unchanged from those in effect for the 2007-08 plan year.
Employer contribution rates for all plans including those not in use at FSU are available at the Florida Division of Retirement website. Rates subject to the Governor's approval.

Retirement Plan Code Retirement Rate FICA Rate
Regular Florida Retirement System (FRS) HA/PA 9.85% 7.65%
FRS for re-employeed Retirees RA/QA 9.85% 7.65%
FRS for employees on F-1 or J-1 visa HD 9.85% 0.00%
Special Risk HB 20.92% 7.65%
SUS Optional Retirement Program (ORP) OP/OS 10.43% 7.65%
ORP for employees on F-1 or J-1 visa ON 10.43% 0.00%
DROP from FRS DP 10.91% 7.65%
DROP from TRS DT 10.91% 0.00%
FRS for Senior Management Service HM 13.12% 7.65%
ORP for Senior Management Service OM 12.49% 7.65%
Teachers Retirement (TRS) Plan A IA Individual 0.00%
Teachers Retirement (TRS) Plan E IE 11.35% 0.00%
SCOERS Division B AF 9.10% 7.65%
Non-Student/Non-FSU Student OPS ZZ 0.00% 7.65%
FSU Exempt Student OPS ZX 0.00% 0.00%
OPS Exempt from OASDI ZM 0.00% 1.45%

FICA consists of 6.20% OASDI and 1.45% Hospital Insurance (Medicare).

There is no cap for Medicare, but the maximum salary on which OASDI will be charged, as of January 1, 2009, is $106,800. (This is effective through December 31, 2009, and is the amount that will be used in benefits calculation in the Operating Budget.)

The OASDI cap changes each year effective January 1 based on the "contribution and benefit base" calculated each year by SSA (usually in October). For more information see the "OASDI Contribution and Benefit Base" page at the Social Security Administration.

Health Insurance

Health insurance premiums are flat rates depending on plan. For employees appointed at less than 67% personyear the University only pays the premium times personyear. If an employee is appointed at 67% personyear or more, then the University is responsible for budgeting the 100% premium. For executive service the employer pays the total premium, including what is normally the employee's portion. Note: the biweekly amount is for 24 pay periods, regardless of months appointed.

The employer rates for state health insurance are increasing as of June 1, 2010. Shown here are the employer amounts that will be in effect during FY 2009-10.

Regular Class
Effective 07/01/2009 Effective 06/01/2010 Cost for FY 2009-10*
Coverage Code Annual Biweekly Annual Biweekly
Individual 01 $5,384 $224.34 $5,683 $236.81 $5,434
Spouse (insured) 22 $6,767 $281.94 $7,105 $296.04 $6,823
Spouse (dependent) 89 $6,767 $281.94 $7,105 $296.04 $6,823
Family 02 $11,373 $473.87 $12,050 $502.07 $11,486
Individual/Family Average (for TBAs) $8,379 $349.11 $8,867 $369.44 $8,460
Executive Service
Effective 07/01/2009 Effective 06/01/2010 Cost for FY 2009-10*
Coverage Code Annual Biweekly Annual Biweekly
Individual 01 $5,984 $249.34 $6,283 $261.81 $6,034
Spouse (insured) 22 $6,767 $281.94 $7,105 $296.04 $6,823
Spouse (dependent) 89 $6,767 $281.94 $7,105 $296.04 $6,823
Family 02 $13,533 $563.87 $14,210 $592.07 $13,646
Individual/Family Average (for TBAs) $9,759 $406.61 $10,247 $426.94 $9,840

*Annual Cost for Fiscal Year 2009-2010 includes ten months (20 biweeklies) at the 07/01/2009 rate and two months (4 biweeklies) at the 06/01/2010 rate.

Life Insurance

Current rates through December 31, 2009:

  • Approximate annual cost for most employees is: annual salary * 0.0031104
  • Approximate annual cost for Executive Service is: annual salary * 0.0051840
  • Annual cost for Executive Service disability coverage is: annual salary * 0.00525

Rates effective January 1, 2010:

No significant changes as of yet.