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Sheet3 <br /> County of Hawaii <br /> Bargaining Unit 63 Settlerttent Costs <br /> Jtily 1,1997 (FY98) through June 30,1999 (FY99) <br /> Annual Affect on <br /> Payroll Cost Base Pay <br /> E,Q`cct on payroll: <br /> Base pay az 6(30197 S 1,602,960 S 1,602.960 <br /> FY98: Step movements from July 1, 1997 to June 30. 1998 18,151 29,494 <br /> 2.2396 across-tho-board (ATB) ir[urase on January 1, 1998 17.873 35.746 <br /> Total payroll cost in FY98 S 1,638.984 <br /> Base pay az 6/30198 S 1,668100 <br /> Base pay az 6/30/98 S 1,668,200 S 1,668100 <br /> FY99: Step movements from July 1, 1998 to June 30, 1999 IOS36 15.869 <br /> Total payroll cost in FY99 S 1.678.736 <br /> Base pay az 6(30/99 S 1,684,069 <br /> Lass base pay az 6l3UN7 (1.6U2.96U) <br /> Increau to base pay due to this settlement S 81.109 <br /> FY98 FT99 Total <br /> 1997-98 91:1 98-991 FY98-FY99 <br /> Determination of fora! increast in cost dat ro proposed contract: <br /> Total payrotl cost for each fiscal year as per above calculations S 1,638,984 S 1,678,736 <br /> Less base pay at beginning of each fiscal year (1.602.960) (1.668100) <br /> Total additonal cost 36,024 1036 S 46.560 <br /> Add affect of prior year inratase in basepay - 65.240 65.240 <br /> Total increased cost subject to fringe benefits 36,024 75.776 111,800 <br /> Certain fringe benefit costs (1292%)' 4,654 9,790 14,444 <br /> Increased costs to be paid during fiscal years 1998-99 40,678 85,566 126,244 <br /> <br /> Employds contribution to FRS (13.719:0 of toW increased cost subject 4,939 10,389 15.328 <br /> to fringe benefits)`' <br /> Vacation, sick leave and holidays (2196 of total increased cost subject 7,565 15.913 23.478 <br /> to fringe benefits) <br /> Total increased costs S 53.182 S 111.868 S 165.050 <br /> <br /> 'Fringe benefits include esrima[es for overtime, premium pay, hazard pay, standby, temporary assignment, <br /> compensatory time, workers' compensation, and unemployment compensation. <br /> <br /> ''Actuarially determined contribution rate for classes A and C per ERS annual actuarial valuation dated <br /> 6(30/96 (most rxent available). However, the amount of the County's contribution for focal year 1998 is <br /> already established and will not change because of this payroll increase. Future years' contributions will be <br /> affected. <br /> Page 1 <br /> <br />