The California Institute for Regenerative Medicine (CIRM) has implemented a new salary cap, effective July 1, 2018. The CIRM salary cap has increased from $246,000 to $266,000 per year at 100% FTE.
The new salary cap can be used for existing awards, and funds can be re-budgeted to accommodate the increase in salary starting July 1. However, incremental salary charges must be covered by existing CIRM funds; no additional CIRM funds will be provided to cover the increase. Future proposals should be submitted using the increased cap for budgeting purposes.
The CIRM salary cap specifies the maximum amount of an individual's salary that can be charged to a CIRM award. Per CIRM Grants Administration Policy, the salary cap is adjusted every other fiscal year to account for the cumulative percent change in the California Consumer Price Index. A history of CIRM’s salary caps is available on the For Researchers section of the CIRM website.
Unlike the U.S. Department of Health & Human Services (DHHS) salary cap, the department is responsible for compliance with the CIRM salary cap. Once UCPath is implemented, our understanding is that the CIRM salary cap will be managed similarly to the federal salary cap.
If you have questions about the new salary cap and your CIRM award, contact your CGA Service Team.