Georgia State University offers eligible employees various fringe benefits which includes, but is not limited to health insurance, life insurance, flexible spending accounts, retirement plans, worker’s compensation, and unemployment.The Fringe Benefits Rates used by Georgia State and charged to sponsors includes only the employer portion (Georgia State share) of the costs. These rates do not change employee benefit plans or enrollments. For information regarding employee benefit plans or enrollments visit the GSU Employees Benefits webpages.
Georgia State University fringe benefit rates
|Employee Type||Fiscal Year 2016||Fiscal Year 2017|
|Full-Time Employees (Faculty & Staff)||31.5%||31.5%|
|Part-Time Employees (Faculty & Staff)||1.1%||2.0%|
|Graduate Assistants (GRA/GTA)||1.9%||1.9%|
The Part-time employees (Faculty & Staff) rate includes the following fringe benefits: FICA, Workers Compensation, Unemployment Compensation, and MARTA/GRTA Subsidy.
The Graduate assistants rate includes the following fringe benefit: GRA/GTA Health Insurance.
The part-time employees (faculty & staff) category includes: part-time faculty, salaried working retiree, temporary salaried, and temporary staff.
The graduate assistants category includes: all graduate students that have an appointment as a Graduate Teaching Assistant, Graduate Research Assistant, or Graduate Laboratory Assistant.
A fringe benefit rate for each employee category is calculated by the development of a pool of fringe benefits costs (the numerator) and of a salary and wage base (denominator). The pool consists of costs for the benefits provided to a particular category of employees. When the pool is divided by the base applicable to that category of employees, a rate results; this rate represents the percentage that must be added to employees’ salary and wage dollars.
The fringe benefit rate for each employee group will be reviewed annually to ensure an accurate allocation. Any over or under recovery of actual fringe benefit costs will be adjusted in the next rate calculation.
Graduate students on academic appointment receive a waiver of some portion of their tuition costs. These costs are excluded from the fringe benefit rate calculation.
This new fringe methodology will facilitate planning, budgeting, and other tasks in the ongoing operations of the campus. It will simplify and improve the preparation, administration, and monitoring of budgets and accounting for fringe benefit expenditures. Provide for consistent accumulation and allocation of fringe benefits expenses to all functional activities as required by Cost Accounting Standards 501 and 502. Also, allow the university the opportunity to recover fringe benefit costs from all funding sources.
A Post doc with .75 or higher EFT would be in ADP pay code 09A and you would use the full-time employee fringe rate of 31.50%. A Post doc with .74 or less EFT would be in ADP pay code 09L and you would use the part-time employee fringe rate of 1.10%.