<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:st1="urn:schemas-microsoft-com:office:smarttags" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv=Content-Type content="text/html; charset=us-ascii">
<meta name=Generator content="Microsoft Word 11 (filtered medium)">
<o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags"
name="City"/>
<o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags"
name="PlaceName"/>
<o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags"
name="PlaceType"/>
<o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags"
name="place"/>
<!--[if !mso]>
<style>
st1\:*{behavior:url(#default#ieooui) }
</style>
<![endif]-->
<style>
<!--
/* Font Definitions */
@font-face
{font-family:Tahoma;
panose-1:2 11 6 4 3 5 4 4 2 4;}
@font-face
{font-family:"Trebuchet MS";
panose-1:2 11 6 3 2 2 2 2 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman";}
a:link, span.MsoHyperlink
{color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{color:purple;
text-decoration:underline;}
p.MsoAcetate, li.MsoAcetate, div.MsoAcetate
{margin:0in;
margin-bottom:.0001pt;
font-size:8.0pt;
font-family:Tahoma;}
span.EmailStyle18
{mso-style-type:personal;
font-family:Arial;
color:windowtext;
font-weight:normal;
font-style:normal;
text-decoration:none none;}
span.EmailStyle19
{mso-style-type:personal-reply;
font-family:Arial;
color:navy;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.25in 1.0in 1.25in;}
div.Section1
{page:Section1;}
-->
</style>
<!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang=EN-US link=blue vlink=purple>
<div class=Section1>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>The benefits
rates table was revised today (7/24/08) to include rate changes to the Graduate
Student Remission programs (see item #7 below).<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>July 24, 2008<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>TO:
All Departments<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>FR:
Payroll Office<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>RE:
Benefit Rates Table (R 07/08) <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>________________________________________________________<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>The following
benefit rates have changed effective with July 2008 earnings. Old rates
are in parenthesis.<br>
Percentage based benefits are calculated based on the monthly gross payroll.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>1. Workers
Compensation Insurance <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'> All
Funds - 1.15% (1.51%) – decrease of 23.84 percent<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>2. Unemployment
Insurance <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>
Federal Funds – 0.18% (0.30%) – decrease of 40 percent<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>
Other Funds – 0.18% (0.24%) – decrease of 25 percent<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>3. Other Post
Employment Benefits (OPEB) – formerly Annuitant Health Insurance <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>
All Funds – 3.09% (2.86%) – increase of 8 percent<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>4. Benefits
Administration Assessment <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>
All Funds – 0.16% (0.18%) – decrease of 11.11 percent<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>5. Staff
Recognition & Development Award Program (SRDP) for non-represented
employees<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>
All Funds - 0.89% (0.89%) – same <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>6. The
following are assessed outside of the Payroll Expenditure Distribution process
and charged to your general ledger:<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='text-indent:.5in'><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'>a. General Liability (Location 5) - 0.7782% (0.2194%) –
increase of 254.7 percent<o:p></o:p></span></font></p>
<p class=MsoNormal style='text-indent:.5in'><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'>b. General Liability (Location N) - 0.1200% (0.1200%) – no
change<o:p></o:p></span></font></p>
<p class=MsoNormal style='text-indent:.5in'><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'>c. Employment Practices (Location 5) - 0.2080% (0.1964%) –
increase of 5.9 percent<o:p></o:p></span></font></p>
<p class=MsoNormal style='text-indent:.5in'><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'>d. Employment Practices (Location N) - 0.0800% (0.0800%) –
no change<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>7. Graduate Student
Remission Programs<o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'>a. Graduate Student Health Insurance Program (GSHIP) - $593.00 per
QTR ($592.00) – increase of 0.17 percent<br>
b. Graduate Student Fee Remission – Residents - $2662.00 per QTR
($2480.00) – increase of 7.3 percent<br>
c. Graduate Student Fee Remission – Non-Residents - $2766.00 per QTR ($2578.00)
– increase of 7.3 percent<br>
d. Graduate Student Fee Remission – AGSM - $2356.00 per QTR ($2194.00) –
increase of 7.38 percent<br>
e. Graduate Student Tuition Remission - $4898.00 per QTR ($4898.00) – no
change<br>
<br>
<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>For a complete
list of all the benefit rates, please logon to our website: <a
href="http://accounting.ucr.edu/ben2008.htm"><font color=black><span
style='color:black'>http://accounting.ucr.edu/ben2008.htm</span></font></a><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>Thank You.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><br>
</span></font><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>*******************************</span></font><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>Gabe Nwandu -
MBA, CPA.</span></font><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>Director -
Payroll, Travel and Disbursements</span></font><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><st1:place w:st="on"><st1:PlaceType w:st="on"><font size=2
color=black face="Trebuchet MS"><span style='font-size:10.0pt;font-family:
"Trebuchet MS";color:black'>University</span></font></st1:PlaceType><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'> of <st1:PlaceName w:st="on">California</st1:PlaceName></span></font></st1:place><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'>, Accounting Department</span></font><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><st1:City w:st="on"><st1:place w:st="on"><font size=2
color=black face="Trebuchet MS"><span style='font-size:10.0pt;font-family:
"Trebuchet MS";color:black'>Riverside</span></font></st1:place></st1:City><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'>, CA. 92521</span></font><font size=2
color=black face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>Tel:
951.827.1956; Fax: 951.827.3314</span></font><font size=2 color=black
face="Trebuchet MS"><span style='font-size:10.0pt;font-family:"Trebuchet MS";
color:black'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Trebuchet MS"><span
style='font-size:10.0pt;font-family:"Trebuchet MS";color:black'>E-mail: <a
href="mailto:gabe@ucr.edu"><font color=black><span style='color:black'>gabe@ucr.edu</span></font></a>;
Internet: <a href="http://accounting.ucr.edu"><font color=black><span
style='color:black'>http://accounting.ucr.edu</span></font></a>.</span></font><font
size=2 color=black face="Trebuchet MS"><span style='font-size:10.0pt;
font-family:"Trebuchet MS";color:black'><o:p></o:p></span></font></p>
</div>
</body>
</html>