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Finance and Administration Florida State University
Budget and Analysis Department
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Tallahassee, Florida 32306-1360		 budget-admin@lists.fsu.edu
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Fax: (850) 644-9622
     
 

Last Updated:
02/11/2006
© 2005 FSU
budget-admin@lists.fsu.edu
 

Phased Retiree Offset Calculator
January 1, 2006 and later


Note: This will calculate the offset biweekly at the rates which go into effect January 1, 2006. To calculate offset biweeklies effective through December 31, 2005, see the previous PR offset calculator

Answer the questions below, then press "submit" to get the offset calculation. Type of health insurance

  • Family (biweekly premium = $357.96)
  • Spouse (biweekly premium = $223.98)
  • Individual (biweekly premium = $173.08)
  • No health insurance (biweekly premium = $0)
Life insurance?
  • Yes
  • No
Semester employee will work
  • Fall (9.7 pay periods)
  • Spring (9.8 pay periods)
  • Both Fall & Spring (19.5 pay periods)
FTE for above semester


NOTE: If you have an employee who works at one FTE for one semester and a different FTE for the other semester, please calculate the two semesters separately. If you have a phased retiree who works some period other than an academic semester or academic year, please call the Budget Office for assistance.


Press "submit" and we'll calculate the additive/tax offset amount.

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