TO: All Principal Investigators and Fiscal Administrators
The Research Corporation of the University of Hawaiʻi (RCUH) is announcing updates to the RCUH Fringe Benefits Schedule for Fiscal Year July 1, 2024 to June 30, 2025. The following fringe rates have changed:
Fringe Benefit Type | Fiscal Year 23-24 Rate July 1, 2023 – June 30, 2024 | NEW Fiscal Year 24-25 Rate July 1, 2024 – June 30, 2025 | Change |
Vacation Payout Reserve | 0.99% | 0.45% | -0.54% |
Unused Sick Leave Payout Reserve | 0.16% | 0.24% | 0.08% |
Unemployment Insurance Reserve | 0.36% | 0.30% | -0.06% |
Life Insurance | $0.137 per $1,000 | $0.147 per $1000 | |
Long Term Disability Insurance | $0.221 per $100 | $0.179 per $100 |
Please refer to the RCUH Monthly Health Insurance Premium Rate Sheet for health insurance monthly premium rates which are applicable effective July 1, 2024. Actual employee enrollment (medical plan and tier) will affect fringe rate charged to projects.
The updated Fringe Benefits Schedule is posted on the RCUH Home Page > About > Policies & Procedures > Policy 3.510 Fringe Benefits.
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