Current Approved Rates

FY23 Fringe Benefits Components 

Employee

Classification*

Fringe 

Rate[1]

Health/Dental

Insurance

Retirement

Life/Disability

Insurance

Social

Security/Medicare

Other

[2]

Faculty

26.50%9.83%8.38%0.82%6.90%0.57%
Professional & Scientific, Miscellaneous, Contract35.60%17.56%8.58%0.93%7.37%1.16%
Merit 

47.90%

23.54%8.22%0.92%7.43%7.79%

Graduate

Assistants 

10.70%10.27%0.00%0.00%0.05%0.38%
Postdoctoral 32.90%18.78%7.66%0.00%6.75%-0.29%

Senior Staff/

Leadership

15.60%2.98%5.43%0.45%3.49%3.25%
Student Hourly 0.60%0.00%0.00%0.00%0.10%0.50%
Non-Student, Miscellaneous 1.80%0.00%1.08%0.00%7.65%-6.93%
Americorp8.10%0.00%0.00%0.00%7.59%

0.51%

Miscellaneous1.8%0.00%0.00%0.00%1.80%0.00%

*ISU employees with an annual based salary of $265,000 and above are considered Senior Staff/Leadership for fringe benefits rate purposes.
[1] Percentage applied on salaries and wages.
[2] Other includes Unemployment Insurance, Sick Leave Payout, Sick Leave, Employee Tuition Reimbursement, Worker's Compensation, Employee Assistance Program and Carryforward Balances.

Approved Rate Agreement