Skip to main content
Close menu William & Mary

Fringe Benefit Rates

Employer Share

Table of fringe benefit rates with column headers and headings to divide into groups of benefits.
Benefit Name FY26 FY27 Notes
VRS 15.54% 15.04% Break down = 13.92% Retirement + .70% Retiree Med + 0.42% Long Term Disability VSDP
ORP 11.52% 11.10% Break down = 10.40% Retirement + .70 Retiree Med
Faculty/Professional Average 12.79% 12.37% Break down = 11.67% Retirement + .70% Retiree Med
FICA 7.65% 7.65%

7.65% up to $184,500

1.45% over $184,500

Group Life Insurance 1.18% 1.06%

Total Rates by Employee Type

Total Rate for Classified/Operational 24.37% 23.75% Breakdown: 15.04% VRS + 1.06% Group Life + 7.65% FICA
Total Rate for Faculty/Professional 21.62% 21.08% Breakdown: 12.37% Faculty Prof Avg+ 1.06% Group Life + 7.65% FICA
Total Rate for Campus Police 35.05% 32.43% Break down = 22.6% Retirement + .70% Retiree Med + 0.42% Long Term Disability VSDP + 7.65% FICA + 1.06% Group Life Insurance
**These are rates used in E&G budgets and actual charges vary by employee type and election.

Health Insurance

Employee only $9,960.00 $11,676.00
Employee plus one $17,856.00 $20,940.00
Family $26,148.00 $30,636.00
Agency Average $19,083.00 $22,365.00