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. 2000-32

July 1, 2000

TO THE HEADS OF ALL STATE AGENCIES

Attention: Fiscal and Administrative Officers, Business Managers, Payroll and Personnel Officers
Subject: 2000-2001 Fringe Benefit Cost Recovery Rate  

The rates listed on the attached chart are effective July 1, 2000 and should be used for any fringe benefit cost recovery taking place on or after July 1, 2000.

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.

The FICA component has been split into two parts, FICA-Social Security and FICA-Medicare. Where appropriate, rates have been established for those classes of employees that contribute to only the FICA-Medicare portion.

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. In order that the appropriate fringe benefit rate be applied, a variance is now required when paying employees covered by the Hazardous Duty Retirement Plan, the Judges/Compensation Commissioners Retirement Plan from any funding source subject to fringe benefit cost recovery.

To comply with the requirements necessitated by a change in procedure in paying accrued leave at the death of an employee (See Comptroller's Memoranda No. 2000-34) all accrued leave payments, regardless of the employee retirement plan and reason, must use either expenditure object 01-090 Accrued

Sick Leave at Retirement Or Death - Subject to FICA/Medicare, 01-220 Accrued Sick Leave at Retirement or Death - Not Subject to FICA/Medicare, 01-120 Accrued Vacation at Termination, Retirement, or Death - Subject to FICA/Medicare, or 01-190 Accrued Vacation at Death - Not Subject to FICA/Medicare. Prior to making accrued leave payments from any funding source subject to fringe benefit cost recovery to employees who are members of the Hazardous Duty Retirement Plan, Teacher's Retirement System, Alternate Retirement Plan, or Judges/Compensation Commissioner's Retirement System contact the Cost Reporting Unit of the Budget and Financial Analysis Division for the application of the appropriate rate.

All variances approved in 1999-00 or earlier will be deleted for check date August 25, 2000. Variances for 2000-2001 will require a new request.

If there are any questions, please call our Cost Reporting Unit of the Budget and Financial Analysis Division at (860)702-3364.

NANCY WYMAN
STATE COMPTROLLER

NW:RWK

Fringe Benefit Cost Recovery Rates By Expenditure Object -Effective July 1, 2000
Expenditure Fringe Benefit
Object Description Rate

01-010 Full Time 39.26%
and all other codes not listed below
01-020 Temporary 29.05%
01-030 Contractual 7.99%
01-040 Student Labor 0.00%
01-050 Fees 0.00%
01-090 Accrued Sick Leave at Retirement
or Death - Subject to FICA/Medicare
7.96%
01-120 Accrued Vacation at Termination, Retirement,
or Death - Subject to FICA/Medicare
29.02%
01-130 Patient or Inmate Workers 0.00%
01-150 Graduate Assistants - UCONN 10.03%
01-170 Hazardous Duty Pay Differential 39.20%
01-180 Overtime - Temporary Employee 29.05%
01-190 Accrued Vacation at Death -
Not Subject to FICA/Medicare
21.06%
01-220 Accrued Sick Leave at Retirement
or Death - Not Subject to FICA/Medicare
0.00%
01-240 Allowances/Reportable Payments
Alternate Retirement Plan
Without FICA/Medicare
18.75%
01-250 Allowances/Reportable Payments
Alternate Retirement Plan
With FICA/Medicare
26.71%
01-260 Allowances/Reportable Payments
Teachers Retirement Without Medicare
31.79%
01-270 Allowances/Reportable Payments
Teachers Retirement With Medicare
33.36%
01-310 thru 01-370 Teachers Retirement System
Without Medicare
31.79%
01-410 thru 01-470 Teachers Retirement Plan With
Medicare
33.36%
01-510 thru 01-570 Alternate Retirement Plan Without
FICA/Medicare
18.75%
01-610 thru 01-670 Alternate Retirement Plan With
FICA/Medicare
26.71%
01-710 thru 01-770 Alternate Retirement Plan With
Medicare
20.32%
01-800 thru 01-850 Lecturers (CSU) 7.99%
01-860 Federal College Work-Study (CSU) 0.00%
01-870 Federal College Work-Study Match (CSU) 0.00%
01-880 Summer Workers (CSU) 7.99%
01-890 Co-operative Ed Students (CSU) 7.99%
01-900 Student/Graduate Interns (CSU) 0.00%
01-920 Interest Penalty - Payroll Awards 0.00%
01-930 Durational Employees-No Benefits-UCONN 29.05%
01-950 Buy Back Option 0.00%
01-960 Foreign Nationals with F-1 or J-1 Visa 10.03%
01-970 Graduate Assistants (CSU) 0.00%
Fringe benefit cost recovery rates for full time employees of selected retirement plans:
Hazardous Duty With FICA/Medicare 39.20%
Hazardous Duty Without
FICA/Medicare
31.24%
Judges & Compensation Commissioners 64.10%
Fringe Benefit Rate By Component
SERS Regular Employees 21.06%
Alternate Retirement Plan 8.51%
Teachers Retirement Plan 21.55%
SERS Hazardous Duty 21.00%
Judges/Compensation Commissioners Retirement Plan 45.90%
Unemployment Compensation 0.03%
Group Life Insurance 0.18%
FICA 6.39%
Medicare 1.57%
Medical Insurance 10.03%

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