219 West Main Street
Arlington, TX 76019
Fringe Benefit Rates FY 2024-2025
| Fringe Benefits | Employee Contributions | Employer Contributions | Limit |
|---|---|---|---|
| OASI (Social Security) | 6.20% | 6.20% | Up to $168,600 CY 2024 |
| OASI (Medicare) | 1.45% | 1.45% | No Limit |
| OASI (Medicare) Affordable Care Act Assessment | 0.90% | Wages over $200,000 CY2024 | |
| Unemployment Compensation Insurance (UCI) - Calendar Year | 0.37% | Up to $9,000 | |
| Vacation and Sick Leave Assessment | 1.66% | No Limit | |
| Worker's Compensation Insurance (WCI) | 0.13% | No Limit | |
| Teacher Retirement wages paid on or after 09/01/2023 | 8.25% | 8.25% | Wage Base $345,000 |
| Teacher Retirement Pension Surcharge | 16.5% | *if applicable | |
| Optional Retirement | 6.65% | 8.50% | Wage Base $345,000 |
| Level of Coverage | UT Select State Monthly | Premium Share | Information |
|---|---|---|---|
| Premium Sharing - Employee Coverage | 0 | $780.24 | Use 1/2 Premium Sharing Rates |
| Premium Sharing - Empl/Spouse Coverage | $335.94 | $1,189.20 | Part-time Employees |
| Premium Sharing - Empl/Child Coverage | $351.36 | $1,041.90 | |
| Premium Sharing - Empl/Family Coverage | $661.56 | $1,453.34 |
NOTES:
- Benefit eligible employees appointed less than 99.95% time will only receive one-half of the premium share amount listed above.
- Work-study and students are not subject to UCI.
- Gross, Longevity, and Hazardous Duty pay are included as part of an employee's salary for all fringe benefit calculations.
- OASI calendar year limits are set by the IRS and will be updated at CY (calendar year) end
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We recognize that training programs and professional development can help an employee increase their effectiveness and refine their job skills. Visit the Knowledge Services website for list of support and trainings. Questions? No problem, feel free to send us an email.