Fringe
Benefits
1993
The following breakdown represents the
estimated value of so-called fringe benefits accruing to
operating employees with annual wages of $57,600* or more during the calendar year of 1993. The money values
set forth are computed on costs actually known as of January 1993.
|
PAID BY THE CARRIER |
PER YEAR
|
# DURING
MONTH |
|
Railroad Retirement |
$12,435.60
|
$ 1,036.30
|
|
Supplemental Pension |
647.28
|
53.94
|
1/ |
Unemployment |
539.52
|
44.96
|
4/ |
Health Plan (GA-23000) |
4,620.12
|
385.01
|
|
Health Plan - Retiree |
258.00
|
21.50
|
|
Dental Plan |
332.28
|
27.69
|
2/ |
Vacations |
3,008.00
|
250.67
|
2/ |
Holidays |
1,569.52
|
130.79
|
3/ |
Other |
662.55
|
55.21
|
|
|
$ 24,072.87
|
$2,006.07
|
RAILROAD
RETIREMENT TAX
PAID BY EMPLOYEE |
$ 7,630.80
|
$ 635.90
|
|
|
* |
$57,600
represents the minimum annual wage subject to a maximum
railroad retirement Tier 1 and Tier 2 tax.
Medicare annual taxable maximum is $135,000.00 taxed at a rate of 1.45%. |
# |
Per year
total divided on a pro-rata basis per calendar month and
rounded to the nearest 1 cent equivalent. |
1/ |
This tax
requirement will vary from year to year based upon the
individual railroad's experience rating. The amount shown
here is based on the Tax Rate of 5.55%. The maximum rate is
12%. |
2/ |
Taxable to
employee as income. |
3/ |
Includes jury
duty pay, bereavement pay, $150,000 AD&D and
liability insurance along with other miscellaneous items
attributable to fringe benefits. |
NOTE: |
Current
information on Vacations, Holidays and Other no longer available.
Information from 1987. |
|