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Fringe Benefits

FUNDED FRINGE BENEFIT RATES Projected FY 2024
VRS Retirement 1 14.21%
VRS Health Care Insurance Credit 1.21%
VRS Group Life Insurance 1.34%
FICA Benefits 6.20%
Medicare Benefits 1.45%
Total Percentage Cost 0.2441 or 24.41%
Workers’ Compensation average of 23 cents per
$100 of annual salary
Health Care Insurance $8,678
Long Term Disability Insurance $126.20 per year