Benefits are expenses directly associated with employment such as social security, retirement, and medical insurance. Most salary payments will require associated benefits. When projecting these costs, it is generally appropriate to determine the type and total amount of benefits by the position classification.
| Benefit Rates for 2024-2025 are set by OSBM | ||
| Permanent Positions | ||
| If budgeting for a .75 FTE or 1.0 FTE position, budget benefits as follows: | ||
| Social Security | 7.65% | of budgeted salary |
| State Retirement | 24.04% | of budgeted salary |
| State Retirement (LEO) | 29.04% | of budgeted salary |
| Optional Retirement | 13.96% | of budgeted salary |
| Medical | $8,095 | current rate per year |
| Unemployment ** | 0.50% | of budgeted salary |
| Workers Compensation ** | 0.50% | of budgeted salary |
| ** These rates are budgeted at the Dept level only by Trust and Auxiliary funds. | ||
| Please Note: Positions below 0.75 FTE are not eligible for medical benefits. | ||
| Time-Limited Positions | ||
| If budgeting for a time-limited position, budget benefits as follows: | ||
| Social Security | 7.65% | of budgeted salary |
| State Retirement | 24.04% | of budgeted salary |
| State Retirement (LEO) | 29.04% | of budgeted salary |
| Optional Retirement | 13.96% | of budgeted salary |
| Medical | $8,095 (pro-rated) | $8,095 divided by 12 months, times the number of months needed for the remainder of the current fiscal year. |
| Unemployment ^^ | 0.50% | of budgeted salary |
| Workers Compensation ^^ | 0.50% | of budgeted salary |
| ^^ These rates are budgeted at the Dept level only by Trust and Auxiliary funds. | ||
| Temp Positions | ||
| If budgeting for an SHRA or EHRA temp position (excluding Post-Doc positions), budget benefits as follows: | ||
| Social Security | 7.65% | of budgeted salary |
| Workers Compensation + | 0.50% | of budgeted salary |
| + These rates are budgeted at the Dept level only by Trust and Auxiliary funds. | ||
| Post-Doc Positions | ||
| Social Security | 7.65% | of budgeted salary |
| Medical (918605) | $428.00 | Current monthly rate per FTE |
| Workers Compensation * | 0.50% | of budgeted salary |
| * These rates are budgeted at the Dept level only by Trust and Auxiliary funds. | ||
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.
The Budget Revision template is used between departments or division (same program for general funds) and for salary, benefits, transfers, and revenue lines in non-general funds.
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.
Dual employment is a statewide uniform policy to be followed when one state agency secures the services of an employee of another state department on a part‐time, consulting, or contractual basis. The dual employment policy applies to all state employees, both SHRA and EHRA.
Any compensation to the employee must be paid by the parent agency through reimbursement from the borrowing agency. Form CP‐30 should be used for reporting purposes involving dual employment.
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.
Pool Positions are requested by the department and are used to establish EHRA Supplemental Pay (for permanent employees), EHRA and SHRA temporary employees, Graduate Flat Pay, and Undergraduate/Graduate Hourly employees.
Please select the appropriate form from the list below and submit to the Budget Office.
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.
Cost sharing represents that portion of the total project costs of a sponsored agreement borne by the university, rather than the sponsor. Cost share funds are established to allow proper reporting of cost share expenditures. Associated cost share pools are established to facilitate salary and benefit related cost share expenditures.
Resources
UNC Wilmington has earned the designation from the State of North Carolina as a Special Responsibility Constituent Institution, GS 116-30.1. This designation enables the University to utilize all available funds in the most effective manner possible.
SRCI (Flex) Budget Revisions help budget managers make changes after proposed budgets have been approved. There are specific steps that need to be followed in order to complete a budget revision.
A SRCI (Flex) budget revision is required for a general fund when budget is transferred between:
Resources
These documents are intended for print purposes. If you need any of the above forms in another format, please contact the budget office directly at BudgetOffice@uncw.edu.