Office of Research and Project Administration

FY 2005 BENEFITS FOR RATE 1 EMPLOYEES

Please use the table of attached rates to determine the correct benefit rate for all rate 1 employees (i.e., full-time faculty, and professional and administrative staff at salary grade 56 or above). The table has been prepared in $5,000 increments and the rate associated with each increment is a composite percentage. Included in the composite is the base charge on the first $87,900 of income, blended with incremental charges for retirement contributions through $200,000 of regular salary and a statutory rate of 1.45%. Please note that the composite rate is charged (pro-rata) to all salary source accounts.

Rates are assigned for each individual at the beginning of the fiscal year based on payrate for that year; (for School of Medicine & Dentistry, "payrate" will be equal to Authorized Salary (A); Guaranteed Salary (G) if there is no stated Authorized Salary; Targeted Net Income (T) if there is no (A) or (G)). The same rate will be used all year except in the unusual circumstance of mid-year change in payrate.

FY 2005
Faculty Benefits Cap
RATE 1

		Percent
from	to	Applied

$1	$87,899	27.50%
$87,900	$89,999	27.39%
$90,000	$94,999	26.58%
$95,000	$99,999	25.87%
$100,000	$104,999	25.20%
$105,000	$109,999	24.60%
$110,000	$114,999	24.04%
$115,000	$119,999	23.53%
$120,000	$124,999	23.07%
$125,000	$129,999	22.63%
$130,000	$134,999	22.24%
$135,000	$139,999	21.87%
$140,000	$144,999	21.52%
$145,000	$149,999	21.20%
$150,000	$154,999	20.90%
$155,000	$159,999	20.62%
$160,000	$164,999	20.35%
$165,000	$169,999	20.10%
$170,000	$174,999	19.87%
$175,000	$179,999	19.65%
$180,000	$184,999	19.44%
$185,000	$189,999	19.24%
$190,000	$194,999	19.05%
$195,000	$199,999	18.87%
$200,000	$204,999	18.71%
$205,000	$209,999	18.42%
$210,000	$214,999	18.02%
$215,000	$219,999	17.64%
$220,000	$224,999	17.28%
$225,000	$229,999	16.94%
$230,000	$234,999	16.60%
$235,000	$239,999	16.29%
$240,000	$244,999	15.98%
$245,000	$249,999	15.69%
$250,000	$254,999	15.41%
$255,000	$259,999	15.14%
$260,000	$264,999	14.88%
$265,000	$269,999	14.63%
$270,000	$274,999	14.39%
$275,000	$279,999	14.16%
$280,000	$284,999	13.94%
$285,000	$289,999	13.72%
$290,000	$294,999	13.51%
$295,000	$299,999	13.31%
$300,000	$304,999	13.11%
$305,000	$309,999	12.93%
$310,000	$314,999	12.74%
$315,000	$319,999	12.57%
$320,000	$324,999	12.39%
$325,000	$329,999	12.23%
$330,000	$334,999	12.07%
$335,000	$339,999	11.91%
$340,000	$344,999	11.76%
$345,000	$349,999	11.61%
$350,000	$354,999	11.47%
$355,000	$359,999	11.33%
$360,000	$364,999	11.19%
$365,000	$369,999	11.06%
$370,000	$374,999	10.93%
$375,000	$379,999	10.81%
$380,000	$384,999	10.68%
$385,000	$389,999	10.57%
$390,000	$394,999	10.45%
$395,000	$399,999	10.34%
$400,000	$404,999	10.23%
$405,000	$409,999	10.12%
$410,000	$414,999	10.01%
$415,000	$419,999	9.91%
$420,000	$424,999	9.81%
$425,000	$429,999	9.72%
$430,000	$434,999	9.62%
$435,000	$439,999	9.53%
$440,000	$444,999	9.44%
$445,000	$449,999	9.35%
$450,000	$454,999	9.26%
$455,000	$459,999	9.18%
$460,000	$464,999	9.09%
$465,000	$469,999	9.01%
$470,000	$474,999	8.93%
$475,000	$479,999	8.85%
$480,000	$484,999	8.78%
$485,000	$489,999	8.70%
$490,000	$494,999	8.63%
$495,000	$499,999	8.56%
$500,000	$504,999	8.49%
$505,000	$509,999	8.42%
$510,000	$514,999	8.35%
$515,000	$519,999	8.28%
$520,000	$524,999	8.22%
$525,000	$529,999	8.15%
$530,000	$534,999	8.09%
$535,000	$539,999	8.03%
$540,000	$544,999	7.97%
$545,000	$549,999	7.91%
$550,000	$554,999	7.85%
$555,000	$559,999	7.79%
$560,000	$564,999	7.74%
$565,000	$569,999	7.68%
$570,000	$574,999	7.63%
$575,000	$579,999	7.57%
$580,000	$584,999	7.52%
$585,000	$589,999	7.47%
$590,000	$594,999	7.42%
$595,000	$599,999	7.37%
$600,000	$604,999	7.32%
$605,000	$609,999	7.27%
$610,000	$614,999	7.22%
$615,000	$619,999	7.18%
$620,000	$624,999	7.13%
$625,000	$629,999	7.09%
$630,000	$634,999	7.04%
$635,000	$639,999	7.00%
$640,000	$644,999	6.96%
$645,000	$649,999	6.91%
$650,000	$654,999	6.87%
$655,000	$659,999	6.83%
$660,000	$664,999	6.79%
$665,000	$669,999	6.75%
$670,000	$674,999	6.71%
$675,000	$679,999	6.67%
$680,000	$684,999	6.63%
$685,000	$689,999	6.60%
$690,000	$694,999	6.56%
$695,000	$699,999	6.52%
$700,000	$704,999	6.49%
$705,000	$709,999	6.45%
$710,000	$714,999	6.42%
$715,000	$719,999	6.38%
$720,000	$724,999	6.35%
$725,000	$729,999	6.31%
$730,000	$734,999	6.28%
$735,000	$739,999	6.25%
$740,000	$744,999	6.22%
$745,000	$749,999	6.18%
$750,000	$754,999	6.15%
$755,000	$759,999	6.12%
$760,000	$764,999	6.09%
$765,000	$769,999	6.06%
$770,000	$774,999	6.03%
$775,000	$779,999	6.00%
$780,000	$784,999	5.97%
$785,000	$789,999	5.94%
$790,000	$794,999	5.92%
$795,000	$799,999	5.89%
$800,000	$804,999	5.86%
$805,000	$809,999	5.83%
$810,000	$814,999	5.81%
$815,000	$819,999	5.78%
$820,000	$824,999	5.75%
$825,000	$829,999	5.73%
$830,000	$834,999	5.70%
$835,000	$839,999	5.68%
$840,000	$844,999	5.65%
$845,000	$849,999	5.63%
$850,000	$854,999	5.60%
$855,000	$859,999	5.58%
$860,000	$864,999	5.55%
$865,000	$869,999	5.53%
$870,000	$874,999	5.51%
$875,000	$879,999	5.48%
$880,000	$884,999	5.46%
$885,000	$889,999	5.44%
$890,000	$894,999	5.42%
$895,000	$899,999	5.39%
$900,000	$904,999	5.37%
$905,000	$909,999	5.35%
$910,000	$914,999	5.33%
$915,000	$919,999	5.31%
$920,000	$924,999	5.29%
$925,000	$929,999	5.27%
$930,000	$934,999	5.25%
$935,000	$939,999	5.23%
$940,000	$944,999	5.21%
$945,000	$949,999	5.19%
$950,000	$954,999	5.17%
$955,000	$959,999	5.15%
$960,000	$964,999	5.13%
$965,000	$969,999	5.11%
$970,000	$974,999	5.09%
$975,000	$979,999	5.07%
$980,000	$984,999	5.05%
$985,000	$989,999	5.04%
$990,000	$994,999	5.02%
$995,000	$999,999	5.00%
$1,000,000	$1,004,999	4.98%
$1,005,000	$1,009,999	4.96%
$1,010,000	$1,014,999	4.95%
$1,015,000	$1,019,999	4.93%
$1,020,000	$1,024,999	4.91%
$1,025,000	$1,029,999	4.90%
$1,030,000	$1,034,999	4.88%
$1,035,000	$1,039,999	4.86%
$1,040,000	$1,044,999	4.85%
$1,045,000	$1,049,999	4.83%
$1,050,000	$1,054,999	4.81%
$1,055,000	$1,059,999	4.80%
$1,060,000	$1,064,999	4.78%
$1,065,000	$1,069,999	4.77%
$1,070,000	$1,074,999	4.75%
$1,075,000	$1,079,999	4.74%
$1,080,000	$1,084,999	4.72%
$1,085,000	$1,089,999	4.71%
$1,090,000	$1,094,999	4.69%
$1,095,000	$1,099,999	4.68%
$1,100,000	$1,104,999	4.66%
$1,105,000	$1,109,999	4.65%
$1,110,000	$1,114,999	4.63%
$1,115,000	$1,119,999	4.62%
$1,120,000	$1,124,999	4.60%
$1,125,000	$1,129,999	4.59%
$1,130,000	$1,134,999	4.58%
$1,135,000	$1,139,999	4.56%
$1,140,000	$1,144,999	4.55%
$1,145,000	$1,149,999	4.54%
$1,150,000	$1,154,999	4.52%
$1,155,000	$1,159,999	4.51%
$1,160,000	$1,164,999	4.50%
$1,165,000	$1,169,999	4.48%
$1,170,000	$1,174,999	4.47%
$1,175,000	$1,179,999	4.46%
$1,180,000	$1,184,999	4.44%
$1,185,000	$1,189,999	4.43%
$1,190,000	$1,194,999	4.42%
$1,195,000	$1,199,999	4.41%
$1,200,000	$1,204,999	4.39%