Employer-Paid Taxes & Benefits

The rates below represent the employer's obligation for employee benefits and payroll taxes which will be charged to the Project. Individual employees are responsible for their portion of FICA and federal and state personal income withholding taxes. Health benefit coverage above the employer's maximum contribution is also the responsibility of the employee.

Regular Employee (appointment length greater than 60 days, 30 hours or more per week) 40.0%

Includes the following legally-mandated benefits:

Unemployment insurance
Social Security (6.20% of first $160,200)
Medicare (1.45% on all earnings)
Workers' compensation

Also includes the following benefits established by �� Corporation Board policy:

TIAA-CREF Retirement (8% employer contribution)
Health insurance
Dental insurance
Vision insurance
Life, AD&D, and long term disability insurance
Employee assistance program

Temporary Employee (less than 60 days appointments or 25 hours or less per week, temps with or without leave) 12%

Includes the following legally-mandated benefits:

Unemployment insurance
Social Security (6.20% of first $132,900)
Medicare (1.45% on all earnings)
Workers' Compensation

Student Assistant / Graduate Assistant (registered for at least part-time student status at ��) 4.0%

Includes the following legally-mandated benefits:

Unemployment insurance
Workers' Compensation

If a Student Assistant is going to work during the summer and not go to school (therefore not meeting the requirements for student assistant status) the student will be classified as a "temporary employee" and the project will be charged 12% during this period of time.

A student employee must be continuously enrolled at �� at least half-time during the academic year to receive the student assistant status. Half-time is defined as follows:

Undergraduate - Minimum 6 units (including credential students)
Graduate - Minimum 4 units (graduate level)

Approved by the �� Corporation Board of Directors on 10/28/04