The GAEL assessment rate will be 1% of the payroll expense; an increase from the previous rate of 0.95%. GAEL applies to all funds except federal and federal flow-through funds in fund range 21000 to 33999 which are charged through indirect cost. Additional information is available on the Risk Services website.
VACATION LEAVE ASSESSMENT
The vacation leave assessment rate will be 90%, a reduction from the previous rate of 100%. Additionally, the benefit assessment rate (a component of the vacation accrual assessment) will remain the same. Additional information on leave accrual is available on the Payroll website on the PPS Leave Accrual and Usage Overview page.