University of California, San Diego
November 25, 2008
At the September meeting of the UC Board of Regents, a plan was announced for the resumption of employee and employer contributions to the UC Retirement Plan (UCRP), effective July 1, 2009. The actual amounts of the University employer contribution will be decided at a future Regents meeting; however, estimated employer benefit rates are provided here for immediate use in the preparation of proposal budgets for extramural funding.
Please note that this is interim guidance only. Once The Regents make final decisions on UCRP contribution rates, additional guidance will be provided. When planning for multi-year research proposals, the following planning rates are to be used immediately in developing the proposal budgets:
7/1/08 - 6/30/09 (Current)
All other miscellaneous special rates remain unchanged and are not to be escalated.
If a proposal period of performance crosses two fiscal years (i.e., 11/1/08 - 10/30/9) a combination of the two applicable benefits rates should be used (i.e. for academic personnel - 8 months at 17%, and 4 months at 21%).
The campus will continue to monitor overall planning benefit rates, with the goal of providing annual guidance on or before July 1 of each year. We appreciate the cooperation of Principal Investigators, Departments and ORUs in incorporating these new rates into proposals for extramural funding.