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, Contract | 35.60% | 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% |
| Americorp | 8.10% | 0.00% | 0.00% | 0.00% | 7.59% | 0.51% |
| Miscellaneous | 1.8% | 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.