What if I have an account where the actual fringe costs for a specific individual are less (or more) than the allocated rate used?
In using an allocated rate system, an assumption is made that it is not possible or practical to adjust an allocated rate to actual rates for specific individuals. The concept of an allocated rate is to recover the University s share (employer s share) of the total costs for that benefit category (e.g., health insurance) for each of the salary categories. Any under or over recovery is adjusted for in the next year s rate. If you still have questions, you should contact the accountant in charge of the account if 133 or 144. In the case of 161 funds, you should contact UW System Administration Trust Funds. If the adjustment is approved however, a non-salary transfer form should be completed and sent through the normal channels. The normal process is to make a partial payment for the credit/charge to the individual account s fringe requisition, and an offsetting miscellaneous entry to the pool account referencing the requisition number. Be sure to use the original UDDS, activity and class
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