Standard Benefit Rates (SBR) for 2013-14
PDAD&C# 32, 2012-13
|From:||Sally Garner, Executive Director, Planning & Budget|
|Date:||January 22, 2013|
|Re:||Standard Benefit Rates (SBR) for 2013-14|
|cc:||Divisional Business Officers via AMS listserv
Divisional Financial Officers via DFO listserv
Employer benefit costs are currently charged to divisions at a standard benefit rate of 24.75% of compensation for appointed staff and 10.00% of compensation for non-appointed staff. Effective May 1, 2013, these rates will remain unchanged. Please note that the SBR excludes pension special payments.
Research grant applications and ancillary budget planning for fiscal 2014-15 should use the current rates of 24.75% for appointed staff and 10.00% for non-appointed staff. Please note this is only an estimate and the final SBR rate for 2014-15 will be determined towards the end of 2013, in order to take into account projected benefit costs and salaries at that time.
If you have any further questions please contact your Planning and Budget Officer.