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Federal Employees and Retirement Health Insurance

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					                                             Ohio University
                                        Benefit Expense Rates
                                             Fiscal Year 2009-10
                                                 Effective July 1, 2009


Ohio Public Employees Retirement System July through June                                                  $0.14000
(OPERS)                                 Per Gross Salary/Wage Dollar (employer's share)

Ohio Public Employees Retirement System July through December                                              $0.17630
Law Enforcement (OPERS-LE)              January through June                                               $0.17870
                                        Average for the fiscal year (for budget purposes)                  $0.17750
                                        Per Gross Salary/Wage Dollar (employer's share)

State Teachers Retirement System (STRS) Per Gross Salary/Wage Dollar (employer's share)                    $0.14000

Workers' Compensation (Operating)              Per Gross Salary/Wage Dollar                                $0.00652

Workers' Compensation (Dorm & Dining)          Per Gross Salary/Wage Dollar                                $0.04207

Medicare                                       Per Gross Salary/Wage Dollar                                $0.01450

Group Health Insurance                         Group Health Insurance per year                            $9,614.00
                                               Per month (October through June - 9 pays )                 $1,068.22
                                               Per bi-weekly pay (July through June - 26 pays)              $369.77

Life Insurance (Early Retirees)                Per year                                                     $136.80

Graduate Fee Waivers                           Resident                                                   $2,613.00
(Summer 2009)                                  Non-Resident                                               $5,277.00
(does not include general fee)                 General Fee Buy-Down                                         $205.00
                                               Per quarter

Graduate Fee Waivers                           Resident                                                   $2,613.00
(AY 09-10)                                     Non-Resident                                               $5,277.00
(does not include general fee)                 General Fee Buy-Down                                         $205.00
                                               OTO General Fee Buy-Down for FY10                             $30.00
                                               Per quarter

             Quick Reference                                                                         Retirement +
      Factor times gross salary will                         Retirement       Retirement + WC        WC + Medicare
   yield gross wage & benefit expense          OPERS          1.14000              1.14652             1.16102
   (excludes insurance standard rate)          OPERS-LE       1.17750              1.18402             1.19852
                                               STRS           1.14000              1.14652             1.16102


OPERS - Ohio Public Employees Retirement System
OPERS-LE - Ohio Public Employees Retirement System - Law Enforement
STRS - State Teachers Retirement System
Workers Compensation - Operating has a lower rate than Dorm& Dining due to the % of claims
Medicare - A federal government program
Insurance - Rate adjustments based on benefits eligible FTE and total healthcare benefits budget projected by
Milliman (a 3rd Party)
Life Insurance Early Retiree - Early Retired faculty pay this life insurance, however no insurance
Graduate Fee waiver - for graduate student, based on change in tuition and number of grad assistants




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