Laserfiche WebLink
County of Hawaii <br /> Bargaining Unit 03 Settlement Costs <br /> July 1, 1997 (FI'98) through June 30,1999 (FY99) <br /> nnual Affect on <br /> Payroll Cost Baze Pav <br /> Effect on payroll: <br /> Base pay at 6/30ry7 S 13,114,416 S 13,114,416 <br /> FY98: Step movements from July 1, 1997 to June 30, 1998 157,687 308,054 <br /> 2.23% across-the-board (ATB) increase on January 1, 1998 146.225 292,450 <br /> Total payroll cost in FY98 S 13,418.328 <br /> Base pay at 6/30/98 S 13.714.920 <br /> Base pay at 6/30/98 S 13,714,920 S 13,714,920 <br /> FY99: Step movements from July 1, 1998 to June 30. 1999 40,176 62,949 <br /> Total payroll cost in FY99 S 13,755.096 <br /> Base pay at 6(30/99 S 13,777,869 <br /> Less base pay at 6/3017 (13, 114,416) <br /> Increase to base pay due to this settlement S 663.453 <br /> FY98 FY99 Total <br /> (1997-981 l9( 98-99 FY98•FY99 <br /> Determination of rota! increase in coat due to proposed contract: <br /> Tots! payroll cost for each fiscal year as per above calculations S 13,418,328 S 13,755.096 <br /> Las base pay at beginning of each fiscal year (13,114,416) (13.714,920) <br /> Total additional cost 303,912 40,176 S 344,088 <br /> Add affect of prior year inc~tase in base pay - 600.504 600,504 <br /> Total increased cost subject to fringe benefits 303,912 640,680 944,592 <br /> Certain fringe benefit costs (14.2996)' 43.429 91.553 134,982 <br /> Increased costs to be paid during fiscal years 1998.99 347,341 732,233 1,079,574 <br /> Employer's contribution to IItS (13.7196 of total increased cost subject <br /> to fringe benefits)'' 4(,666 87,837 129,503 <br /> Vacation, sick leave and holidays (21% of total increased cost subject <br /> tolringe benefits) 63.822 134.543 198365 <br /> Total increased costs S 452.829 S 954,613 S 1.407,442 <br /> 'Fringe benefits include estimates for overtime, premium pay, harard pay, standby, temporary assignment. <br /> compensatory time, workers' compensaton, and unemployment compensation. <br /> <br /> ''Actuarially duermined contribution rate for classes A and C per IItS annual actuarial valuation dated <br /> 6/30/96 (most ruent available). However, the amount of the County's contribution for Fiscal year 1998 is <br /> ahzady established and will not change because o[ this payroll incrrsse. Future years' contributions will be <br /> affected. <br /> <br />