Calculating Fringe Benefits Office of Sponsored Programs.

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Presentation transcript:

Calculating Fringe Benefits Office of Sponsored Programs

Health Insurance Premiums for full-time faculty and staff will vary depending on the type of coverage selected. The CSU contribution to full-time faculty and staff retirement is based on the plan chosen: o Teachers Retirement System of GA (TRS) – 10.28% o Optional Retirement Plan – 9.24% Office of Sponsored Programs

Graduate Assistants (No fringe benefits are calculated) Student Assistants (No fringe benefits are calculated) Fringe benefits apply (FICA Medicare only – 1.45%) during months when students are not registered for classes. Students are then hired as Staff. Office of Sponsored Programs

For additional help with calculating fringe benefits on sponsored projects, contact the Office of Sponsored Programs. Office of Sponsored Programs