[pps-news] GAL and EPL rates for FY2005-06

[Gabe Nwandu]

MEMORANDUM

 

TO:                  UCRFS Users and Payroll Personnel System Users 

 

FROM:            Shelley Gupta, Principal Resource Analyst

                        Academic Planning and Budget

 

DATE:             June 6, 2005

 

RE:                 Fiscal Year 2005-06 GENERAL LIABILITY and EMPLOYMENT
PRACTICES INSURANCE ASSESSMENT RATES

 


 

The following assessment rates have been established to fund the General
Liability (GL) and Employment Practice (EP) Insurance Programs for the
General Campus effective July 1, 2005:

 


 

 

GL Assessment

EP Assessment


 

 

 


Location 5 (SAU 0)

 

 


     All Funds

.2539%

.1508%


 

 

 

 

General Liability and Employment Practices

 

Based upon projected funding requirements for each program, the General
Liability rate is being reduced slightly while the Employment Practices rate
is being increased in 2005-2006 for Location 5.   

 

Actual charges are calculated by applying the applicable assessment rate
against salaries and wages payable associated with all DOS codes except the
following:

 

            Fellowship Payments (FEL, FES, FEN)

            Vacation Related (VLA, VAC, VLT, TRM, PTO, PTT)

            Sick Leave Related (SLA, SKL)

            Comp Time Related (CTA, CTO)

            Incentive Award Payments (IIA, TIA, MIA, PDA, SPA)

 

For Location 5, assessments related to Federal Government, State Government,
Local Government, and Private Contracts and Grants will continue to be
charged against centrally held indirect cost recovery funds.

 

The assessment rates for Location N will be provided as soon as they become
available.

 

If you have any questions, please contact Shelley Gupta at extension 22876
or by e-mail at  <mailto:Shelley.Gupta at ucr.edu> Shelley.Gupta at ucr.edu.

 

 

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