Dear Campus Community,
The composite benefit rates (CBR) for FY2020-21 have been approved. The new values will be effective as of July 1, 2020, with payroll adjustments beginning on that date.
As a reminder, now that we have implemented UCPath, we follow a standard process for calculating rates led by UCOP and adopt their agreements with the federal government. More information about how the CBR rates are calculated is available on the Composite Benefit Rate webpage.
New Rate Values
The approved Composite Benefit Rates for FY2020-21 are listed below. Future year rate estimates are for planning purposes only (e.g. multi-year budgeting, financial aid planning, contract and grant proposal submissions, etc.) because rates for years beyond FY2020-21 are subject to change.
Approved Rates |
Projections for Planning Purposes |
||||
CBR Group |
FY21 |
FY22 |
FY23 |
FY24 |
FY25 |
Academic |
35.9% |
35.9% |
35.9% |
35.9% |
35.9% |
Staff |
45.9% |
45.9% |
45.9% |
45.9% |
45.9% |
Limited |
16.4% |
16.4% |
16.4% |
16.4% |
16.4% |
Employees with No Benefit Eligibility |
5.5% |
5.5% |
5.5% |
5.5% |
5.5% |
Student |
2.4% |
2.4% |
2.4% |
2.4% |
2.4% |
We’ll provide updates when the rates are live in UCPath and CalPlan.
Questions
If you have any questions, please visit the VC Finance webpage for Composite Benefit Rates or email Hervé Bruckert of Central Resource Management at centralresourcemanagement@berkeley.edu.
Thank you for your flexibility and engagement as we continue to improve our CBR structure to strengthen financial management and contribute to UC Berkeley’s future financial success.
Thank you,
Rosemarie Rae
Vice Chancellor of Finance and Chief Financial Officer