Benefits Cost Table and Analysis
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EMPLOYER’S COST OF BENEFITS FOR A TYPICAL STATE EMPLOYEE
IN THE STATE PERSONNEL MANAGEMENT SYSTEM
Fiscal Year 2021
Employer’s Cost of Benefits Data Table
|
Based on a Salary of: |
$63,918 |
|
DIRECT COSTS |
|---|
| Social Security | $4,890 |
| Health Insurance** | $10,185 |
| Pension Retirement | $12,917 |
| Workers Compensation | $974 |
| Unemployment Insurance | $179 |
|
SUBTOTAL DIRECT COSTS |
$29,145 |
|---|
|
INDIRECT COSTS |
|---|
| Personal Leave | $1,471 |
| Holiday | $2,942 |
| Annual Leave | $3,677 |
| Sick Leave | $1,226 |
|
SUBTOTAL INDIRECT COSTS |
$9,316 |
|---|
|
TOTAL COST OF BENEFITS |
$38,461 |
|---|
**Note: This amount is the average family health insurance contribution made by the State. Family costs include medical, dental, and prescription drug plan