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I"
<br /> Sheet?
<br /> County of Hawaii
<br /> Bargaining Unit 73 Settlement Costs
<br /> July 1,1997(FY98)through June 30, 1999(FY99)
<br /> Annual Affect on
<br /> Payroll Cost Base Pay
<br /> Effect on payroll:
<br /> Base pay at 6/30/97 $ 319,500 $ 319,500
<br /> FY98: Step movements from July 1, 1997 to June 30, 1998 1,150 2,396
<br /> 1.55%across-the-board(ATB)increase on January 1, 1998 2,495 4,989
<br /> Total payroll cost in FY98 $ 323,145
<br /> Base pay at 6/30/98 $ 326,885
<br /> Base pay at 6/30/98 $ 326,885 $ 326,885
<br /> FY99: 1.54%across-the-board(ATB)increase on July 1, 1998 5,076 5,076
<br /> Step movements from July 1, 1998 to June 30, 1999 2,109 2,748
<br /> Total payroll cost in FY99 $ 334,070
<br /> Base pay at 6/30/99 $ 334,709
<br /> Less base pay at 6/30/97 (319,500)
<br /> Increase to base pay due to this settlement $ 15,209
<br /> FY98 FY99 Total
<br /> (1997-98) (1998-99) FY98-FY99
<br /> Determination of total increase in cost due to proposed contract:
<br /> Total payroll cost for each fiscal year as per above calculations $ 323,145 $ 334,070
<br /> Less base pay at beginning of each fiscal year (319,500) (326,885)
<br /> Total additional cost 3,645 7,185 $ 10,830
<br /> Add affect of prior year increase in base pay - 7,385 7,385
<br /> Total increased cost subject to fringe benefits 3,645 14,570 18,215
<br /> Certain fringe benefit costs(15.42%)* 562 2,247 2,809
<br /> Increased costs to be paid during fiscal years 1998-99 4,207 16,817 21,024
<br /> Employer's contribution to ERS(13.37%of total increased cost subject
<br /> to fringe benefits)** 487 1,948 2,435
<br /> Vacation,sick leave and holidays(21%of total increased cost subject
<br /> to fringe benefits) 765 3,060 3,825
<br /> Total increased costs $ 5,459 $ 21,825 $ 27,284
<br /> *Fringe benefits include estimates for overtime,premium pay,hazard pay,standby,temporary assignment,
<br /> compensatory time,workers'compensation,and unemployment compensation.
<br /> **Actuarially determined contribution rate for classes A and C per ERS annual actuarial valuation dated
<br /> 6/30/97(most recent available). However,the amount of the County's contribution for fiscal years 1998 and 1999 is
<br /> already established and will not change because of this payroll increase. Future years'contributions will be
<br /> affected.
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