THE UNIVERSITY OF WISCONSIN-MADISON
RESEARCH AND SPONSORED PROGRAMS
June 23rd, 2016
Deans, Directors, Department Chairs, and Department Administrators (for distribution to all Faculty)
Kim Moreland, Associate Vice Chancellor
Fringe Benefit Rates for July 1, 2016 through June 30, 2017
The following fringe benefit rates will become effective July 1, 2016 for UW-Madison and UW-Extension, and will be used when charging the employer's contribution to fringe benefits on all new and on-going extramural projects.
|UW-Madison Regular Faculty and Academic Staff||39.7%|
|UW-Madison Regular Classified and UW-Extension Permanent Staff (Faculty, Academic Staff, and Classified)||51.6%|
|Research Associates and Grad Interns||24.7%|
|Research Assistants, Project Assistants, Teaching Assistants, Pre-Doc Fellows and/or Trainees||23.5%|
|Post-Doc Fellows and/or Trainees||17.4%|
|Limited Term Employees (LTEs)||9.8%|
|Ad Hoc Program Specialists, Undergraduate Assistants and Undergraduate Students||1.0%|
|Student Hourly Employees||3.3%|
Rates are based on the actual costs of benefits paid during the fiscal year July 1, 2014 through June 30, 2015. The increases in the rates are attributable to an increase in the University's contributions for health insurance and retirement costs.
Also, a new component titled “Terminal Leave” has been added to the fringe benefit rates. Beginning July 1, the University has changed its methodology for charging lump-sum payouts of accumulated leave upon an employee’s departure. These lump sum payouts are to be charged to a central campus pool account that has been established for this purpose. The UW Service Center has offered guidance on how to process terminal leave payouts, details can be found here: https://kb.wisc.edu/hrs/page.php?id=18173
The specific components for each rate are detailed in a schedule that has been published at: https://rsp.wisc.edu/chap4/rn/rn16-2t.html.
We appreciate your assistance in assuring that all projects with an anticipated beginning date of July 1, 2016 or later utilize the above rates.