RES 185 Draft 01 1996-1998 - Laserfiche WebLink

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. . . . '. 't , , . . Sheet4 County of Hawaii Bargaining Unit 84 Settlement Costs July 1, 1997 (FY98) through June 30, 1999 (FY99) Annual Affect on Pavroll Cost Base Pav Effect on payroll: Base pay at 6130/97 $ 36,768 $ 36,768 FY98: Step movements from July 1,1997 to June 30,1998 1,510 1,510 2.23% across-the-board (ATB) increase on January I, 1998 410 820 Total payroll cost in FY98 $ 38,688 Base pay at 6130/98 $ 39,098 Base pay at 6130/98 $ 39,098 $ 39,098 FY99: Step movements from July I, 1998 to June 30, 1999 :rotal payroll cost in FY99 $ 39,098 Base pay at 6130/99 $ 39,098 Less base pay at 6130/97 (36,768) Increase to base pay due to this settlement $ 2,330 FY98 FY99 Total 0997-98) (1998-99) FY98-FY99 Determination of total increase in cost due to proposed contract: Total payroll cost for each fiscal year as per above calculations $ 38,688 $ 39,098 Less base pay at beginning of each fiscal year (36,768) (39,098) Total additional cost 1,920 $ 1,920 Add affect of prior year increase in base pay 2,330 2,330 Total increased cost subject to fringe benefits 1,920 2,330 40250 Certain fringe benefit costs (7.49%)* 144 175 319 Increased costs to be paid during rlScal years 1998-99 2,064 2,505 4,569 Employer's contribution to ERS (13.71 % of total increased cost subject to fringe benefits)** 263 319 582 Vacation, sick leave and holidays (21 % of total increased cost subject to fringe benefits) 403 489 892 Total increased costs $ 2.730 $ 3,313 $ 6,043 *Fringe benefits include 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 6130/96 (most recent available). However, the amount of the County's contribution for fIScal year 1998 is already established and will not change because of this payroll increase. Future years' contributions will be affected. Page 1