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%