[pps-news] General Liability & Employment Practices Insurance assessment rates for FY2011-12 - General Campus (Loc. 5)

[Gabriel Nwandu]

DATE:                  June 30, 2011

TO:                      UCRFS Users and Payroll Personnel System Users

FROM:                Matthew Hull, Associate Vice Chancellor, Resource Planning and Budget


RE:                       Fiscal Year 2011-12 GENERAL LIABILITY and EMPLOYMENT PRACTICES INSURANCE ASSESSMENT RATES for the General Campus (Location 5)





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, 2011:







GL Assessment


EP Assessment











Location 5 (SAU 0)








     All Funds


0.7900%


0.1250%



























General Liability and Employment Practices



These rates represent a 0.3199% decrease from last year in the General Liability rate and a slight increase of 0.068% in the Employment Practices rate.



Charges will continue to be based upon an assessment against actual payroll activity and will be reflected in account number 780220 for General Liability and 780210 for Employment Practices in the same Activity-Fund-Function combination in which payroll activity occurred.  These charges may not be moved to a different Activity-Fund-Function.



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



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

              Sick Leave Related (SLA, SKL)

              Comp Time Related (CTA, CTO)

              Staff Recognition and Development (SRD)



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 under separate cover.



If you have any questions, please contact Stephanie Flores at extension 27715 or by e-mail at Stephanie.Flores at ucr.edu.
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