Sent to the AFS-Update mailing list on May 22, 2024
The Costing Policy and Analysis Office recently updated its website with the approved 2024-25 assessments for Composite Benefit Rate (CBR), Vacation Leave Assessment (VLA), and GAEL (General, Automobile, and Employment Practices Liability). Click the link below to view them.
See 2024-25 Rates on the Campus Assessment Page
These assessments are paid by campus units based on a percentage of employee salary to cover the costs of fringe benefits, vacation leave, and various insurance. Accounting & Fiscal Services is responsible for analyzing, reviewing, and proposing the rates, and obtained approvals at the appropriate levels.
For questions or inquiries, please contact the Costing Policy and Analysis Office at costaccounting@uci.edu.