This updates Important Notice 02-3 dated April 8, 2002.  Health insurance rates have been established for student academic appointees and fellowship recipients (Group H).

This Important Notice announces retirement and fringe benefit rates effective July 1, 2002.  Please begin using them immediately on all proposals submitted.  Benefits are pooled and all persons are charged based on object codes and not on benefit entitlement.  Non-student hourly personnel employed more than 1000 hours annually are covered by the PERF retirement plan. 

1. Health Insurance for Student Academic Appointees and Fellowship Recipients on the Bloomington campus is a flat fee of $805.82 (85% institutional share) per year ($326.91 for the first semester and $478.91 for the second semester and continuing through the summer).  It should be placed in the employee benefit category of the budget and included in the base for calculating indirect cost.  The difference in amount between Bloomington and Indianapolis is the Bloomington Health Center fee ($82.91 per semester).  Proposal budgets should be rounded to the nearest dollar.
2.  Health Insurance for Student Academic Appointees and Fellowship Recipients on the Indianapolis campus is a flat fee of $640.00 (85% institutional share) per year ($244.00 for the first semester and $396.00 for the second semester continuing through summer).  Proposal budgets should be rounded to the nearest dollar.  
3. The amount of fee remission to be budgeted is being left to individual schools. The maximum amount that can be charged to a sponsored project will be total fees (including out-of-state fees if applicable) less the dedicated fee. The school will be obligated to give a full fee remission (30 hours per 12-month period beginning with the start of the fall semester with no more than 12 hours in any semester or combined summer sessions) to all graduate student employees who are involved in research or teaching activities and are appointed at least 50% FTE.