Estimating Fringe Benefits 2010-11

05/13/2010 09:14 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

New employer contribution rates became effective July 1, 2010.
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 10.77% 7.65%
FRS for re-employed Retirees RA/QA 10.77% 7.65%
FRS for employees on F-1 or J-1 visa HD 10.77% 0.00%
Special Risk HB/PB 23.25% 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 12.25% 7.65%
DROP from TRS DT 12.25% 0.00%
FRS for Senior Management Service HM/PM 14.57% 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, 2011, is $106,800. (This is effective through December 31, 2011, 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. Effective July 1, 2010, for employees classified as Executive Service and employees participating in the Spouse Program, the employer no longer pays the total premium. The employee's share of the health insurance premium shall be $8.34 per month for individual coverage and $30.00 per month for family coverage ($15.00 per employee in the Spouse Program). Note: the biweekly amount is for 24 pay periods, regardless of months appointed.

The employer rates for state health insurance are increasing as of January 1, 2011. Shown here are the employer amounts that will be in effect during FY 2010-11.

Regular Class
  Effective 07/01/2010 Effective 01/01/2011 Cost for FY 2010-11*
Coverage Code Annual Biweekly Annual Biweekly
Individual 01 $5,683 $236.81 $5,998 $249.90 $5,867
Spouse (insured) 22 $6,925 $288.54 $7,460 $310.83 $7,237
Spouse (dependent) 89 $6,925 $288.54 $7,460 $310.83 $7,237
Family 02 $12,050 $502.07 $12,760 $531.67 $12,464
Individual/Family Average (for TBAs)   $8,867 $369.44 $9,379 $390.79 $9,165
Executive Service
  Effective 07/01/2010 Effective 01/01/2011 Cost for FY 2010-11*
Coverage Code Annual Biweekly Annual Biweekly
Individual 01 $6,184 $257.65 $6,498 $270.73 $6,367
Spouse (insured) 22 $6,925 $288.54 $7,460 $310.83 $7,237
Spouse (dependent) 89 $6,925 $288.54 $7,460 $310.83 $7,237
Family 02 $13,850 $577.07 $14,560 $606.67 $14,264
Individual/Family Average (for TBAs)   $10,017 $417.36 $10,529 $438.70 $10,315

*Annual Cost for Fiscal Year 2010-2011 includes five months (10 biweeklies) at the 07/01/2010 rate and seven months (14 biweeklies) at the 01/01/2011 rate.

Life Insurance

Current rates through December 31, 2010:

  • 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

Effective January 1, 2011:

The State Life Insurance Program will pay the full premium for a $25,000 life insurance policy for each employee. Annual costs for this program are not yet available. The Department of Management Services shall continue the optional life insurance program based on premiums paid by employees only.