• Fringe Benefits

    FUNDED FRINGE BENEFIT RATES

    Projected FY 2022

    Instructional / Professional Support VRS Retirement (Employer Share) 
    (Does not include RHCC - see below)

    16.62%

    Instructional / Professional Support VRS Retirement (Employee Share)

    5.00%

    Total Instructional / Professional Support VRS Retirement Rate

    21.62%

    Group Life (Employer Share)

    0.54%

    Retiree Health Care Credit (RHCC) (Paid as part of the VRS per pupil amount)

    1.21%

    Non-professional Support VRS Retirement

    8.64%

    Non-professional Support Health-Care Credit

    1.02%

    Social Security (Employer Share) [ 6.20% FICA ;  1.45% Medicare]

    7.65%

    Health Care Premium

    $8,678

    Total Instructional / Professional Support Benefits Percent (Employer Share)

    26.02%

    Total Non-professional Support Benefits Percent (Employer Share)

    17.85%