ATTACHMENT C
Cost of Agreement with NBCEA
Current Year 1 Year 2 Year 3
COLA 5.00% 4.00% 3.00%
Medical Insurance
CalPERS Employee Pickup
Longevity Pay
LIUNA Supplemental Pension Program
Night Shift Differential
Holiday Pay (closures)
Holiday Pays (eves)
Baseline Compensation
Base Pay $8,721,578 $413,079 $802,385 $1,088,104
Supplemental Pays 28,080 56,962 63,766 65,660 Overtime 25,567 1,278 2,352 3,190 Pension Contribution 497,899 283,181 385,202 411,541 Cafeteria Plan 2,049,300 29,856 29,856 29,856 Other City Paid Benefits
2 774,424 22,430 40,677 54,859 Total $12,096,848 $806,786 $1,324,238 $1,653,210
Base Salary Increase3 4.74% 9.20% 12.48%
Total Compensation Increase4 6.67% 10.95% 13.67%
COLA 467,900 898,447 1,215,671 Medical Insurance 29,856 29,856 29,856 CalPERS Employee Reduction 248,350 328,452 338,306 Night Shift Differential 3,717 3,717 3,717 Longevity Pay 31,910 37,711 38,824 Holiday Pays (eves) 5,011 5,211 5,367 Holiday Pays (closure) 20,042 20,844 21,469 Total 806,786$ 1,324,238 $ 1,653,210 $
1 Costs shown in years two and three reflect the cumulative budget impact in each year as compared to the current budgeted amoun ts. 2 Includes Medicare, Compensated Absences, Retiree Health Savings, Life Insurance, EAP. 3 Percentage shown in each year is as compared to current base salary, not the prior year. 4 Measured based on the total of all pay and benefits. Percentage shown in each year is as compared to current total compensati on, not the prior year.
Notes
Reduce EE Contribution to 8%
Cumulative Impact on Employee Compensation
Key Contract Terms
15-19 YOS, 1%
20-24 YOS, 1.5%
25+ YOS, 2%
Christmas Eve and New Years Eve full pay
Withdrawal
City of Newport Beach
Cost of Agreement with NBCEA
Key Contract Terms
Summary of Proposal Cost 1
Increase by $300/Month
3 days of paid leave
$2.00 per actual hour worked beyond 6:00pm