Contact by email or by phone at (309) 438-3291, to discuss fringe benefits and related issues.
University Policies, Procedures and Guidelines 7.4.3 Fringe Benefit Rate
Fringe benefits are non-taxable contributions of an employer and include the following:
The actual cost of fringe benefits varies for each employee based on the options chosen or the type of employment. The State of Illinois does not fund fringe benefits for persons employed under a grant or a contract. Therefore, the grant or contract must provide the fringe benefits.
To ensure there are sufficient funds in the grant or contract for this, Grants Accounting will estimate benefits for each individual included in a budget proposal, as a percentage of salaries and wages, based on current health insurance packages selected, percentage of employment, etc. When expenses occur, the actual cost of the fringe benefits will be assessed against the grant or contract each pay period.
Contact , (309) 438-3291, to discuss fringe benefits and related issues.