APP
9-50: Summer Salary Cap
The
National Institutes of Health (NIH) impose an annual salary limitation
on all of their grants, contracts and cooperative agreements ("awards").
The salary cap for FY 2008 summer salary has increased from summer,
2007.
For
awards made with federal FY 2008 funds:
Effective 01/01/08, the annual salary limit is $191,300
The monthly rate is $15,941.67
APP
9-50, Appendix I, "SALARY CAPS", has been revised to reflect this
change. This April 1, 2008 revision replaces the current Appendix
I dated April 1, 2007.
Please
apply the appropriate new NIH cap when calculating 2008 summer
salary.
Note:
If in doubt as to which salary cap applies to a specific NIH fund
source, please contact the Grants Officer or Contracts Officer
assigned to your department.
Additional
information on calculating budgets utilizing the salary rate cap
can be found at the Office of Research website at http://www.research.uci.edu/ora/sp/salaryandwages.htm.
__________________
APP
9-51: Additional Compensation Worksheet
APP
9-51, Appendix IV, Additional Compensation Worksheet has been revised to reflect the Summer 2008 Service Calendar. This April 1, 2008 revision replaces the current Appendix IV dated April 1, 2007.
APP 9-51, Appendix III Additional Compensation Worksheet (Excel), has also been revised. This April 1, 2008 revision replaces the current Appendix III dated April 1, 2007.
___________________
APP
9-52: Summer Salary Online
Exhibit - NIH Cap
APP
9-52, Appendix I, Exhibit G, "NIH Grant Reflecting a Salary Supplement",
has been revised to reflect the revised NIH salary cap. This April 1, 2008 revision replaces the current Appendix
I, Exhibit G, dated April 1, 2007.
Please
refer to the revised online Exhibit G when preparing PPS actions
for 2008 summer salary reflecting a NIH cap.
___________________
APM
190: Appendix
G: Retirement Contributions on Academic Appointee Summer Salary
The
total contribution rate is 7% of eligible summer salary, based
on an employee pretax contribution of 3.5% and an employer matching
contribution of 3.5%. This means a 3.5% employee out-of-pocket,
pretax deduction, matched by an equal amount assessed to the
fund source(s) used to pay the summer salary payment(s), for
a total of 7% credited to the employee's DCP investment choice.
Please
refer to APM 190, Appendix G - for information regarding the retirement
contribution on academic summer salary: http://www.ucop.edu/acadadv/acadpers/apm/apm-190-g.pdf