COM 0582.021 1996-1998 - Laserfiche WebLink

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Sheet4 _ County of Hawaii Bargaining Unit 84 Settlement Costs Jtdy 1,1997 (FY98) through June 30, 1999 (FY99) nnual Affect on Payroll Cost Base Pay Effect on payroll: Base pay at 6l30t97 S 36,768 S 36,768 FY98: Step movements from July 1, 1997 to June 30. 1998 1,510 1,510 2.2396 across-Ne-board (ATB) increase on January 1, 1998 410 820 Total payroll cost in FY98 S 38.688 Base pay at 6/30/98 5 39.098 Base pay at 6!30/98 S 39,098 S 39,098 FY99: Step movements from 7uly 1, 1998 to June 30, 1999 Tatal payroll cost in FY99 S 39.098 Base pay az6/30/99 S 39.098 Less base pay az 6(3UN7 (36.768) Incrarse W baze pay due to Nis settlement 3 2,330 FY98 FY99 Total (1997-9$) 19( 98-991 - 99 Dcrermination of total increase in cost due to proposed contract: Total payroll cost for each fiscal year as per above calculations S 38.688 S 39.098 Less base pay az beginning of each fiscal year (36.768) (39.098) Total additional cost 1.920 - S 1,920 Add affect of prior year increase in base pay 2330 2,330 Total increased cos[ subject to fringe benefits 1,920 2330 4,250 Certain fringe txnefit costs (7.4996)• 144 175 319 Increased costs to be paid during fiscal years 199$-99 2,064 2,505 4,569 Employer's contribution to 13LS (13.71% of total increased cost subject to fringe benefits)'' 263 319 582 Vacation, sick leave and holidays (21°6 of total increased cost subject - to fringe benefits) 403 489 892 Total increased costs 5 2.730 S 3.313 S 6,043 'Fringe benefits include estimate for overtime, premium pay, trarard pay. standby, temporary assignment. compensatory time, workers' compensation, and unemployment compensation. ''Actuarially determined contribution rate for classes A and C per E12S annual aauatial valuation dated 6/30/96 (most recent available). However, Ne amount of the County's contribution (or fiscal year 1998 is already established and will not change because of Nis payroll increase. Future years' contributions will Ix affected. Page 1