State of Connecticut

ATTACHMENT TO MEMORANDUM 2002-25

Fringe Benefit Cost Recovery Rates By Expenditure Object -Effective July 1, 2002

Expenditure Fringe Benefit
Object Description Rate
01-010 Full Time 40.21%
---------------and all other codes not listed below-------------
01-020 Temporary 28.50%
01-030 Contractual 7.10%
01-040 Student Labor 0.00%
01-050 Fees 0.00%
01-090 Accrued Sick Leave at Retirement 7.01%
or Death - Subject to FICA/Medicare
01-120 Accrued Vacation at Termination, Retirement, 28.41%
or Death - Subject to FICA/Medicare
01-130 Patient or Inmate Workers 0.00%
01-150 Graduate Assistants - UCONN 11.45%
01-170 Hazardous Duty Pay Differential 41.12%
01-180 Overtime - Temporary Employee 28.50%
01-190 Accrued Vacation at Death - 21.40%
Not Subject to FICA/Medicare
01-220 Accrued Sick Leave at Retirement 0.00%
or Death - Not Subject to FICA/Medicare
01-240 Allowances/Reportable Payments 20.84%
Alternate Retirement Plan
Without FICA/Medicare
01-250 Allowances/Reportable Payments 27.85%
Alternate Retirement Plan
With FICA/Medicare
01-260 Allowances/Reportable Payments 26.30%
Teachers Retirement Without
Medicare
01-270 Allowances/Reportable Payments 27.67%
Teachers Retirement With
Medicare
01-310 thru 01-370 Teachers Retirement System 26.30%
Without Medicare
01-410 thru 01-470 Teachers Retirement Plan With 27.67%
Medicare
01-510 thru 01-570 Alternate Retirement Plan Without 20.84%
FICA/Medicare
01-610 thru 01-670 Alternate Retirement Plan With 27.85%
FICA/Medicare
01-710 thru 01-770 Alternate Retirement Plan With 22.21%
Medicare
01-800 thru 01-850 Lecturers (CSU) 7.10%
01-860 Federal College Work-Study (CSU) 0.00%
01-870 Federal College Work-Study Match (CSU) 0.00%
01-880 Summer Workers (CSU) 7.10%
01-890 Co-operative Ed Students (CSU) 7.10%
01-900 Student/Graduate Interns (CSU) 0.00%
01-920 Interest Penalty - Payroll Awards 0.00%
01-930 Durational Employees-No Benefits-UCONN 28.50%
01-950 Buy Back Option 0.00%
01-960 Foreign Nationals with F-1 or J-1 Visa 11.45%
01-970 Graduate Assistants (CSU) 0.00%

Fringe benefit cost recovery rates for full time employees of selected retirement plans:

Hazardous Duty With 41.12%
FICA/Medicare
Hazardous Duty Without 34.11%
FICA/Medicare
Judges & Compensation Commissioners 58.25%

Fringe Benefit Rate By Component

SERS Regular Employees 21.40%
Alternate Retirement Plan 9.04%
Teachers Retirement Plan 14.50%
SERS Hazardous Duty 22.31%
Judges/Compensation Commissioners Retirement Plan 39.44%
Unemployment Compensation 0.09%
Group Life Insurance 0.26%
FICA 5.64%
Medicare 1.37%
Medical Insurance 11.45%

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