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Sheet2
<br /> County of Hawaii
<br /> Bargaining Unit 04 Settlement Costs
<br /> July 1, 1997 (FY98) through June 30, 1999 (FY99)
<br /> Annual Affect on
<br /> Payroll Cost Baze Pav
<br /> Effect on payroll:
<br /> Base pay at 6/30ry7 3 1,092,792 S 1,092,792
<br /> FY98: Step movements from July 1, 1997 to June 30. 1998 21,475 32,878
<br /> 2.23% azross-the-boats (ATB) incsase on January I, 1998 12,185 24.370
<br /> Total payroll cost in FY98 S 1.126,452
<br /> Base pay at 6/30/98 S 1,150.040
<br /> Base pay at 6/30/98 E 1,150,040 S 1,150,040
<br /> FY99: Step movements from July 1998 to June 30, 1999 1,944 ZS13
<br /> Total payroll cost in FY99 S 1.151.984
<br /> Base pay at 6/30199 3 1,152,553
<br /> Less base pay az 6/3UN7 (1,092,792)
<br /> Increau to base pay due to this settlemrnt S 59.761
<br /> FY98 FY99 Total
<br /> 19( 97-98) 19j 98-99) 9 -FY99
<br /> Determination of total increase in cost due ro proposed contract:
<br /> Total payroll cost for each tscal year as per above calculations 5 1,126,452 S 1,151,984
<br /> Less Vase pay at beginning of each fiscal year (1.092,792) (1.150.040)
<br /> Total additionat cost 33,660 .1,944 S 35,604
<br /> Add affect of prior year inaease in base pay 57.248 57.248
<br /> Total increased cost subject to fringe benefits 33,660 59,192 92,852
<br /> Certain fringe benefit costs (13.33%x)" 4,487 7,890 12.377
<br /> Incrtased costs to be paid during (acal ywrs 1998.99 38,147 67,082 105,229
<br /> Employer's rnntribution to FRS (13.7190 of total increased cost subjtxt
<br /> to fringe benefits)'' 4,615 8,115 12,730
<br /> Vacation, sick leave and holidays (2190 of total increased cost subject
<br /> to fringe brnetits} 7,069 12,430 19,499
<br /> Total increascd costs 5 49,831 S 87,627 S 137.458
<br /> "Fringe benefits include estimates for overtime, premium pay, hazard pay, standby, temporary assignment,
<br /> compensatory time, workers' compensation, and unemployment compensation.
<br />
<br /> ''Actuarially determined contribution rate Cor classes A and C per ERS annual actuarial valuation dated
<br /> 6(30196 (most rcecnt available). However, the amount of the County's contribution for fiscal year 1998 is
<br /> already established and will not change because of this payroll increase, Future years' contributions will be
<br /> affected.
<br /> Rage Y
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