RES 045 Draft 01 1996-1998 - Laserfiche WebLink

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~, . . . . County of Hawaii HGEA Unit 4 - Two Year Additional Costs Fiscal Years 1996-97 Note: There are no additional costsfor the fiscal year ended June 30,1996 (FY96). Annual Affect on Payroll Cost Base Pay Base pay at 6/30/96 $ 1,099,824 $ 1,099,824 FY97: Step movements, 7/1/96 - 6/30/97 (already approved) 3,416 3,696 Total payroll cost in FY97 before arbitration decision $ 1,103,240 Base pay at 6/30/97 before arbitration decision $ 1,103,520 Results of arbitration: Across-the-board (A TB) increase of 2.25% on July 1, 1996 24,746 24,746 Across-the-board (ATB) increase of 2.25% on January 1, 1997 12,652 25,304 Effect of ATB increases on step movements, 7/1/96 - 6/30/97 77 83 Increase in night differential from 45 to 55 cents per hour 580 Total payroll cost in FY97 $ 1,141,295 Base pay at 6/30/97 $ 1,153,653 Less base pay at 6/30/97 before arbitration decision (1,103,520) Increase to base during FY97 due to arbitration decision $ 50,133 Total increased costs EI21 $ 1,141,295 (1,103,240) 38,055 5,073 43,128 5,217 7,992 $ 56,337 Determination of total increase in cost due to proposed contract: Total payroll cost for the fiscal year as per above calculations Less payroll cost for fiscal year before arbitration decision Total additional cost subject to fringe benefits Certain fringe benefit costs (13.33%)* Costs to be paid during fiscal year FY97 Employer's contribution to ERS (13.71 %)** Vacation, sick leave and holidays (21 %) *Fringe benefits included are estimates for overtime, premium pay, hazard pay, standby, temporary assignment, compensatory time, workers' compensation, and unemployment compensation. ** Actuarially determined contribution rate for classes A and C per ERS annual actuarial valuation dated 6/30/96. However, the amount of the County's contribution for fiscal year 1997 is already established and will not change because of this payroll increase. Future years' contributions will be affected.