TO: All Principal Investigators and Fiscal Administrators
FROM: Kira Higa, Director of Human Resources
SUBJECT: RCUH Fringe Benefits Schedule – Fiscal Year July 1, 2023 to June 30, 2024
The Research Corporation of the University of Hawaiʻi (RCUH) is announcing updates to the RCUH Fringe Benefits Schedule for Fiscal Year July 1, 2023 to June 30, 2024. The following fringe rates have changed:
|Fringe Benefit Type||FY22-23 Rate (July 1, 2022 through June 30, 2023)||FY23-24 Rate *NEW (July 1, 2023 through June 30, 2024)|
|Vacation Payout Reserve||1.18%||0.99%|
|Unused Sick Leave Payout Reserve||0.27%||0.16%|
|Unemployment Insurance Reserve||0.79%||0.36%|
Please refer to the RCUH Policy 3.520 Health Plan for changes in HMSA premiums. There are no changes to Kaiser and HDS plan premiums.
The updated Fringe Benefits Schedule is posted on the RCUH Home Page > About > Policies & Procedures > Policy 3.510 Fringe Benefits.