Attachment to MEMORANDUM NO. 2004-27
OFFICE OF THE STATE COMPTROLLER
Actual Cost Fringe Benefits
| Account | Actual Cost | |
|---|---|---|
| Code | Fringe Benefit Description | Expenditure Basis |
| 50410 | Employer Share Group Life Insurance | State Share Premium |
| 50420 | Employer Share Medical Insurance | State Share Premiums |
| for Medical, Dental and Prescription Coverage | ||
| 50441 | Employer Share FICA-Social Security | Federal Tax Rate of 6.2% |
| of applicable wages up to | ||
| Federal maximum limit. | ||
| 50442 | Employer Share FICA-Medicare | Federal Tax Rate of 1.45% |
| of applicable wages - no maximum limit. |
Percentage Rate Fringe Benefits
| Account | ||
|---|---|---|
| Code | Fringe Benefit Description | FY 2004-05 Rate |
| 50430 | Unemployment Compensation | 0.40% |
| 50471 | Employer SERS Retirement Regular Employee | 31.26% |
| 50471 | Employer SERS Retirement Hazardous Duty | 30.52% |
| 50472 | Employer Alternative Retirement Program | 9.81% |
| 50473 | Employer Teachers Retirement | 13.28% |
| 50474 | Employer Judges/Compensation Commissioners | |
| Retirement Plan | 56.66% |
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