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Health Insurance & Fringe Benefit Rates
2007 - 2008


Health Insurance:
All employees working 50% FTE or more, plus graduate students, are eligible for the insurance plan and should be included in proposal budgets. (Undergraduate students are not eligible for health insurance.) The estimated costs of the TWU or grant contribution to health insurance for full-time employees are listed below* (the employee is responsible for the remaining amount of the premium):

 

Insurance Plan Monthly Rate

Employee Only
Employee/Children
Employee/Spouse
Employee/Family

$360.54
$498.49
$566.57
$704.52

 

The estimated costs of the contribution to health insurance for part-time employees (including graduate research assistants) working at least 20 hours per week but less than 40 hours per week*:

 
Insurance Plan

Monthly Rate

Employee Only
Employee/Children
Employee/Spouse
Employee/Family

$180.28
$249.26
$283.30
$352.27

* Includes $2.23/month for $5,000 life insurance policy.

FICA and Social Security: 17% of salaries for faculty and staff positions.
 

For additional information about the member's rate, go to: http://www.twu.edu/humanresources/benefits/summer_enrollment_Info_2006.htm

 

Page last updated October 08, 2007

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