Current Year 1 3 Year 2 Year 3 Year 4 Year 5 4 Year 6 4 Year 7 4 Total Contract 5% Merit upon Adoption 5.00%
Cost of Living Adjustment 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% Other Proposals
457b Contribution $5,200
401a Contribution $5,151
Baseline Compensation
Base Pay $257,550 $12,878 $18,286 $23,803 $29,430 $35,169 $41,024 $46,995 $207,585 Supplemental Pays 6,000 - - - - - - - -
Pension Contribution 12,337 617 876 1,140 1,410 1,685 1,965 2,251 9,943 Cafeteria Plan 20,700 - - - - - - - - Other City Paid Benefits 1 15,946 637 905 1,178 1,457 1,741 2,031 2,326 10,275 SubTotal $312,533 $14,132 $20,067 $26,121 $32,296 $38,595 $45,020 $51,573 $227,803 Other Proposals
457b Contribution 5,200 (5,200) (5,200) (5,200) (5,200) (5,200) (5,200) (5,200) (36,400) 401a Contribution 5,151 9,349 11,849 14,349 16,849 19,349 21,849 24,349 117,943 SubTotal 10,351 4,149 6,649 9,149 11,649 $14,149 $16,649 $19,149 81,543 Total 322,884$ 18,281$ 26,716$ 35,270$ 43,945$ 52,744$ 61,669$ 70,722$ 309,346$ Base Salary Increase 5.00% 7.10% 9.24% 11.43% 13.66% 15.93% 18.25% Total Compensation Increase 2 5.66% 8.27% 10.92% 13.61% 16.34% 19.10% 21.90% 2 Measured based on the total of all pay and benefits.
3 Costs are based on the calendar year, and not the fiscal year. Therefore the budget amendment required on approval will be of a lesser amount. 4 This contract ties cost of living adjustments to executive management for years 2-7. Year 5 and beyond is after the current K&M agreement's expiration and is presumed at 2%, but could be higher or lower.
Notes
1 Includes Medicare, compensated absences, employee assistance program, phone allowances, life insurance, and retiree health savings.
Cumulative Impact on Employee Compensation
City of Newport Beach
City Attorney Contract Negotiations
02/16/2022
Key Contract Terms
Summary of Proposal Cost
No future contributions, replaced with contribution to 401a $14,500 in year 1, annual increase of $2,500 thereafter
ATTACHMENT C
17-22