COMPTROLLER'S SEAL STATE OF CONNECTICUT
STATE OF CONNECTICUT
NANCY WYMAN
COMPTROLLER
OFFICE OF THE STATE COMPTROLLER
55 ELM STREET
HARTFORD, CONNECTICUT 06106-1775
MARK OJAKIAN
DEPUTY COMPTROLLER

MEMORANDUM NO. 96-32

July 1, 1996

TO THE HEADS OF ALL STATE AGENCIES

Attention:Fiscal and Administrative Officers, Business Managers,
Payroll and Personnel Officers
Subject:1996-97 Fringe Benefit Cost Recovery Rate

Effective July 1, 1996 the fringe benefit cost recovery rates are as follows:

Expenditure
Object

Description
Finge Benefit
Rate
01-010
and all other codes
not listed below
Full Time32.79%
01-020Temporary25.06%
01-030Contractual7.30%
01-040Student Labor0.00%
01-050Fees0.00%
01-090Accumulated Sick Leave at Normal
Retirement
7.17%
01-130Patient or Inmate Workers0.00%
01-150Graduate Assistants - UCONN7.60%
01-180Overtime - Temporary Employee25.06%
01-220Accumulated Sick Leave at Death
or Disability
0.00%
01-240Allowances/Reportable Payments
Alternate Retirement Plan
Without Social Security
15.81%
01-250Allowances/Reportable Payments
Alternate Retirement Plan
With Social Security
22.98%
01-260 Allowances/Reportable Payments
Teachers Retirement Without
Social Security
27.76%
01-270 Allowances/Reportable Payments
Teachers Retirement With
Social Security
27.76%
01-310 thru 01-380Teachers Retirement System
Without Medicare Social Security
27.76%
01-390Teachers Retirement Plan -
Accumulated Sick Leave at Retirement
0.00%
01-410 thru 01-480Teachers Retirement Plan With
Medicare Social Security
27.76%
01-490Teachers Retirement Plan -
Accumulated Sick Leave at Retirement
0.00%
01-510 thru 01-580Alternate Retirement Plan Without
Social Security
15.81%
01-590Alternate Retirement Plan -
Accumulated Sick Leave at Retirement
0.00%
01-610 thru 01-680Alternate Retirement Plan With
Social Security
22.98%
01-690Alternate Retirement Plan -
Accumulated Sick Leave at Retirement
7.17%
01-710 thru 01-780 Alternate Retirement Plan With
Medicare Social Security
15.81%
01-790Alternate Retirement Plan -
Accumulated Sick Leave at Retirement
0.00%
01-800 thru 01-850Lecturers (CSU)7.30%
01-860Federal College Work-Study (CSU)0.00%
01-870Federal College Work-Study Match (CSU)0.00%
01-880Summer Workers (CSU)25.06%
01-890Co-operative Ed Students (CSU)7.30%
01-900Student/Graduate Interns (CSU)0.00%
01-920Interest Penalty - Payroll Awards0.00%
01-930Durational Employees-No Benefits-UCONN25.06%
01-950Buy Back Option0.00%
01-960Foreign Nationals with F-1 or J-1 Visa7.60%
01-970Graduate Assistants (CSU)0.00%
Hazardous Duty With Medicare
Social Security
40.68%
Hazardous Duty Without
Social Security
33.51%
Judges & Compensation Commissioners69.42%

The above rates are effective July 1, 1996 and should be used for any fringe benefit cost recovery taking place on or after July 1, 1996.

All personal service expenditures from Federal and Private Grants accounted for in the General Fund and any funds other than the General Fund are subject to fringe benefit cost recovery.

Rates have been established for employees covered by the Hazardous Duty Retirement Plan and the Judges/Compensation Commissioners Retirement Plan . Continue to use existing expenditure object coding for payroll purposes.

A variance is now required when paying employees covered by the Hazardous Duty Retirement Plan, the Judges/Compensation Commissioners Retirement Plan or with Federal or any fund other than the General Fund.

For information purposes the rate by component is provided below. Note a change from previous years, SERS Regular Employees Retirement Administration is no longer a separate component, the administrative cost is now included with the contributions consistent with all other retirement plans.

SERS Regular Employees 17.76%
Alternate Retirement Plan 7.95%
Teachers Retirement Plan 19.90%
SERS Hazardous Duty 25.65%
Judges/Compensation Commissioners54.39%
Unemployment Compensation 0.13%
Group Life Insurance0.13%
Social Security 7.17%
Medical Insurance7.60%

All variances approved in 1995-96 or earlier will be deleted for check date August 16, 1996. Variances for 1996-97 will require a new request.

If there are any questions, please call our Budget and Financial Analysis Division at 566-8384.

NANCY WYMAN
STATE COMPTROLLER

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