Fringe Benefit Rates
Employer Share
| Benefit Name | FY25 | FY26 | Notes |
|---|---|---|---|
| VRS | 15.54% | 15.54% | Breakdown = 13.92% Retirement + 1.12% Retiree Med + 0.5% Long Term Disability VSDP |
| ORP | 11.52% | 11.52% | Breakdown = 10.40% Retirement + 1.12% Retiree Med |
| Faculty/Professional Average | 12.79% | 12.79% | Breakdown = 11.67% Retirement + 1.12% Retiree Med |
| FICA | 7.65% | 7.65% |
7.65% up to $176,100 1.45% over $176,100 |
| Group Life Insurance | 1.18% | 1.18% | |
Total Rates by Employee Type |
|||
| Total Rate for Classified/Operational | 24.37% | 24.37% | |
| Total Rate for Faculty/Professional | 21.62% | 21.62% | |
| Total Rate for Campus Police | 35.05% | 35.05% | Breakdown = 24.6% Retirement + 1.12% Retiree Med + 0.5% Long Term Disability VSDP + 7.65% FICA + 1.18% Group Life Insurance |
| **These are rates used in E&G budgets and actual charges vary by employee type and election. | |||
Health Insurance |
|||
| Employee only | $9,396.00 | $9,960.00 | |
| Employee plus one | $16,848.00 | $17,856.00 | |
| Family | $24,672.00 | $26,148.00 | |
| Agency Average | $18,003.00 | $19,083.00 | |