TO: Principal Investigators & Project Administrators
FROM: Nelson Sakamoto, Director of Human Resources
SUBJECT: FY July 1, 2010 – June 30, 2011 RCUH Fringe Benefit Schedule
Effective July 1, 2010 the RCUH Fringe Benefit Schedule will reflect the following changes:
1. Reduced Group Life Insurance rate – $0.08 per thousand of coverage rounded upwards to next higher $1,000, if not a multiple thereof, to a maximum amount of $600,000 (Previously $0.11 per thousand of coverage through 06/30/2010).
2. Reduced Long Term Disability rate – 0.275% of salaries and wages (Previously 0.398% of salaries and wages through 06/30/2010).
3. Reduced Workers Compensation Insurance rate – 0.47% of salaries and wages for all employees. (Previously 0.94% of salaries and wages through 6/30/2010).
Please plan accordingly for these changes. For further details see RCUH Policy 3.510 RCUH Fringe Benefits Schedule. All fringe benefit rate changes will be reflected commencing with the July 1-15, 2010 pay period.