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FINANCIAL POLICIES & PROCEDURES - RATES <br />FY1 <br />1 EMPLOYEE FRINGE BENEFITS RATES (Excluding Health Benefit Charges) <br />TEMPORARY, LIMITED DURATION AND RECREATION ACTIVITY EMPLOYEES <br />The rates listed below are used by the system to calculate benefits for temporary, Limited Duration <br />(LD) and Recreation Activity Employees (RAE). The rates below include the 6% pickup on all <br />retirement system eligible employees, as well as the City’s 5.5% pension bond payment. <br />Total <br />Unit/Class PERS/OPSRP MEDICARE FICA LTD LIFE <br /> <br />Hourly - PERS n/a 1.45% 6.20% n/a n/a 7.65% <br />Hourly -OPSRP n/a 1.45% 6.20% n/a n/a 7.65% <br />(Under 600 <br />Hours) <br /> <br /> <br />Hourly - PERS 22.07% 1.45% 6.20% n/a n/a 29.72% <br />Hourly -OPSRP 20.17% 1.45% 6.20% n/a n/a 27.82% <br />(Over 600 Hours) <br /> <br />IATSE-PERS 22.07% 1.45% 6.20% 0.30% $5.00/mo 30.02% <br />IATSE-OPSRP 20.17% 1.45% 6.20% 0.30% $5.00/mo 28.12% <br /> plus $5.00/mo <br /> <br />LD - PERS 22.07% 1.45% 6.20% 0.30% 0.30% 30.32% <br />LD - OPSRP 20.17% 1.45% 6.20% 0.30% 0.30% 28.42% <br /> <br />RAE - PERS 22.07% 1.45% 6.20% 0.30% $5.00/mo 30.02% <br />RAE- OPSRP 20.17% 1.45% 6.20% 0.30% $5.00/mo 28.12% <br /> plus $5.00/mo <br />For more information, contact Myrnie Daut, x5790, in Human Resource and Risk Services. <br /> <br />