Out of office (was Re: [RESADM-L] DS-2 Treatment of Fringe) Herbert B. Chermside 03 May 2001 06:41 EST

At 08:12 AM 4/26/01 -0400, you wrote:
>Colleagues,
>
>I need some feedback on how you treat the estimating vs accumulating and
>reporting elements of fringe benefits in your DS-2.   Specifically, do
>you allow for an estimate using a fixed rate even though you know, with
>precision, based upon the effort of the employee budgeted, how much the
>fringe will be?   For example, if you know that the variable components
>of Retirement, OASI and Workers Compensation will be, let's say 16% and
>that health insurance is $3000 per year, do you use a fixed rate of,
>let's say 26% to budget (which is what an average salary of 40K would
>justify) or do you apply the 16% and add the pro-rata portion of the
>health insurance based on the portion of salary requested for the subject
>employee?
>
>Do you have a web site that illustrates your practices?
>
>Thanks,
>
>Matt
>
>Matt Ronning
>Assistant Vice Chancellor
>Research Administration
>North Carolina State University
>1 Leazer Hall - Lower Level
>Campus Box 7514
>Raleigh, NC 27695-7514
>919-513-2148 - Direct Line
>919-515-7200 - Main Line
>919-515-7721 - Fax
>xxxxxx@ncsu.edu - e-mail
>
>
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I will be out of the office until Thursday morning,
 May 3, 2001.
I'll read your mail when I return.
If you need immediate help from VCU's Office of
Sponsored Programs, e-mail the Office at
 xxxxxx@vcu.edu
or telephone 828-6772 and a staff member will assist you.
Chuck

Herbert B. Chermside, CRA
Director, Sponsored Programs Administration
Virginia Commonwealth University
PO BOX 980568
Richmond, VA  23298-0568
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 Sanger Hall, Rm. 1-073
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 Richmond, VA  23219
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Personal e-mail xxxxxx@vcu.edu
http://views.vcu.edu/ospa/

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