When payroll expenses are charged to a fund, both the fund type and the employee’s status at the time of the pay event help determine which fringe benefit assessments (if any) will be charged. See below to learn more:
- The Fringe Benefit Assessments by Fund Type job aid (available under the Related Links section of UAFR’s Fringe Benefits webpage) outlines the fringe benefit assessments applicable to each fund type.
- For example, payroll expenses charged to a state fund (fund type 1A) are typically not subject to fringe benefit assessments. However, payroll expenses charged to an administrative allowance fund (fund type 2A) may be subject to Health/Life/Dental Insurance, Retirement, and Medicare assessments if the employee is benefit-eligible at the time of the pay event.
- The employee’s status at the time of the pay event also helps determine which assessments apply.
- For example, the assessments applicable to a full-time employee’s payroll charges may differ from those for a part-time student employee (e.g., assessments for Retirement generally do not apply to student employee wages).
- Additionally, an employee’s visa status or foreign national status may help determine which fringe benefit assessments apply.
- To determine the fund type assigned to a specific fund, use Banner page FTVFUND (Fund Code Validation).
- You can also identify the fringe benefit assessments assigned to a specific fund by using Banner page FTMFATA (FOAPAL Attribute Association).
- Finally, to view the current employment status of an employee, use Banner page PEAEMPL (Employee).
Contact
For additional guidance, contact UAFR’s payroll accounting subject matter experts at uafrpayrollacctg@uillinois.edu.
