RES 045 Draft 01 1996-1998 - Laserfiche WebLink

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. " ..... . . County of Hawaii HGEA Unit 84. Two Year Additional Costs Fiscal Years 1996.97 . . Note: There are no additional costs for the fiscal year ended June 30,1996 (FY96). Annual Affect on Payroll Cost Base Pay Base pay at 6/30/96 $ 35,172 $ 35,172 FY97: Step movements, 7/1/96 - 6/30/97 (already approved) Total payroll cost in FY97 before arbitration decision $ 35,172 Base pay at 6/30/97 before arbitration decision $ 35,172 Results of arbitration: Across-the-board (A TB) increase of 2.25% on July 1, 1996 791 791 Across-the-board (A TB) increase of 2.25% on January 1, 1997 405 810 Effect of A TB increases on step movements, 7/1196 - 6/30/97 Total payroll cost in FY97 $ 36,368 Base pay at 6/30/97 $ 36,773 Less base pay at 6/30/97 before arbitration decision (35,172) Increase to base during FY97 due to arbitration decision $ 1,601 Costs to be paid during fiscal year FY97 Er2Z $ 36,368 (35,172) 1,196 90 1,286 164 251 $ 1,701 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 (7.49%)* Employer's contribution to ERS (13.71 %)** Vacation, sick leave and holidays (21%) Total increased costs *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.