RGC Summer Salary Example
Initial amount
Less fringe benefit rate 32%*
Gross payroll amount
Less payroll deductions:
Federal income tax 25% supplemental rate
State income tax 5%
FICA/Medicare tax 7.65%
State Teachers Retirement 5%
Net check amount
Percentage of initial amount
* Fringe benefit rate includes the following costs
that UA bears as the employer:
employer's portion of FICA/Medicare tax
employer's portion of BC/BS medical insurance
STRS UA Match
unemployment Insurance
Life/Acc. Insurance
LT Disability Insurance
AD&D Insurance
2,500.00
(800.00)
1,700.00
(425.00)
(85.00)
(130.05)
(85.00)
974.95
39%