(Previous discussion continued)
Re: Fringe Benefit rates Rusty Okoniewski 04 Oct 1999 17:02 EST

Re: Fringe Benefit rates Rusty Okoniewski 04 Oct 1999 17:02 EST

Gina,
 The differences in which fringe benefit rate(s) are applied to salary in
summer and the academic year vary from institution to institution.
 However, a general principle would be that in many universities or
colleges, faculty are charged certain fringe benefits (such as life
insurance, health insurance, etc.) over the 9-month or 10 month academic
year (fall and spring sememsters in the semester system - 3 quarters in most
quarter systems.)  Because the costs for the "annual" policies are fully
charged over the academic year (rather than the calendar year) (9 or 10
months vs. 12 months, the policies are "paid up" for all faculty.  Thus,
faculty not employed during the summer months are "covered" all year (12
months) but pay the entire premium for the "coverage" over a shorter time
period.
 Therefore, should these same faculty be hired (either on regular payroll
or on a contract/grant) during the summer, it is not necessary to pay again
for these "coverages."  These charges have already been paid.
 Thus, many institutions have different rates for summer employees who are
also on academic year contracts.
I hope this helps.

Rusty Okoniewski, Interim Director
IFAS Sponsored Programs
University of Florida
G040 McCarty Hall-D
PO Box 110110
Gainesville, FL 32611-0110
Telephone: (352) 392-2356
Fax: (352) 392-8479
E-mail: xxxxxx@gnv.ifas.ufl.edu
Visit IFAS Sponsored Programs Homepage
 http://grants.ifas.ufl.edu

-----Original Message-----
From: Research Administration List [mailto:xxxxxx@HRINET.ORG]On Behalf
Of Gina Lee Glauser
Sent: Monday, October 04, 1999 12:50 PM
To: xxxxxx@HRINET.ORG
Subject: Fringe Benefit rates

1) Could someone explain to me what is a difference between
academic and summer fringe benefit rates?

2) Could you also provide me with the breakdown of what constitute
or what has been deleted for the summer FB rate?

3) Would this be double dipping since non-active faculty members
receive a same (is it?) benefit as active faculty members?

Thanks in advance for your response.

gina

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