Agenda - 06-09-2011 - 2 - Laserfiche WebLink

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Summary of rtienetits rroviaea ay viper ~urisa~c><ivt~s i h R l Guilford Coun Greensboro State Benefit Type Oran a Coun OWASA Durham Ci Wake Coun a e Employee can contribute at any time and any amount. Employer contributions are 4-9 ER Contribution 3% for $27.50 to one years of service $40 per 10 14 i d lo er 5% em General employees Available for employee all general employees optional; no state 457K Supplemental Retirement supplemental retirement plan of employee's years pay per o , - of service $60 per pay y p (firefighters choice) No Employer Match $2 for $1 match up to 3% contribution with no employer match with addi8onal 2% match conVibution choice period, 15-19 years of for firefighters servie $80 per pay pedod, 20+ years of service $100 per pay period $27.50 to one supplemental re8rement 5% (Regular Employees) 5% Employer Police 5°h (no employee 5% employer contribution Available to all employees with optional; no state contribution except for 401(k) Supplemental Retirement plan of employee's None 5% Police and Fire ( ) Contribution contdbution required) mandatory 5% contrib. fo law enforcement choice law enforcement 5-9 Yrs = 1.0% 10-14 years of service 10-14 Yrs = 2.0% ° 15-19 5°~ of salary 1 >70 years (hired prior to 15+Yrs = 3.0 k ° Starts at 10 years, 1.5°~ , . years of service 2.25% of 1995 i N/A July 1, 1993): 4.2% ears (hired after >10 $100 per year of service If hired riot to 7/1/94 p k/15 yrs 10 yrs 1.5 2.25%/20 rs 3.25%/25 y Longevity of salary and increases t salary, 20-24 years of None nce s y to max of $3000 yrs 4.5% 4.5% at 25 years service 3.25°h of salary, July 1, 1993): 2% between 5-10 years: 1 % 15-19 Yrs = 6.0% 25+ years of service 5% 20+Yrs = 7.5% of salary No decision at this time. However, Board plans to Merit Increase None decide at the June 9, None None up to 4°h Up to 3% No merit Increases None 2011 meeting. Prior discussion indicates a 2.5% Increase. Cost of Living Adjustment None None None None 1.5% renge adjustment None None None In-state tuition, fees for Up to $600 per fiscal job-related classes at TUItiOn $400 year tuition, books, $1200.00 for tuition, year; budgeted funds Terminated plan accredited institutions. Up to $800lfiscal year Up to $1,000lfiscal year fees for job related books and applicable up to $2,000 per year already exhausted for this roved de artmentail App P Y Assistance classes fees er ear. p Y fy and paid through lapsed salaries. Petty/Personal Leave None 8 Hours Per Year None None 12 hours annually None None None <5 yrs = 12 Days (86 Hrs) 0"'4 ~ ° 8 hrs/mo (96 hrs) <5 years = 3.7 hrsl pay Less than 2 yrs-12 days, 1-3 yrs: 12 days -10 yrs: 15 days 3 5 - <10 yrs = 15 Days (120 Hrs) 5~ Yrs = 10 hrs/mo (120 Annual Leave Accrual at pedod (12 days); 2 but less than 5 yrs-14 . 10 -15 yrs: 18 days 15 - tp _ <75 18 Da a 144 Yrs = Y ( ) 10-14 =12 hrs/mo (144 hire is 4.84 hours per pay 5-10 years= 4.62 hrs/pay period (15 days); 12 days (1-3 years), days. 5 but less than 10 s-17 da s. 10 but less Y y 20 yrs' 21 days 24 d + Hrs) 15 - <20 yrs = 21 Days (168 hrs) 15-19 = 14 hrs/mo (168 0-5 14 days per yr/5-10 ~ yrs 17 days110.15 yrs 20 Vacation p ( ly ) erlod 125.9 hrs ear reases to 10 01 d i 10-15 ars = 5.54 hrs/ ye PeY period (ta days; 15 da s 4 9 ears Y (- Y )~ 18 days (10-15 years), than 15 yrs- 20 days. 15 a s 20 rs : Y Y Ma accrue u to 50 da s Y P Y Hrs) 20+ s - 24 Da s (192 Hrs) Y< - y hrs) days/15-20 yrs 23 days/20+ . an nc hrs/pay period (260.3lyr) 15-20 years = 8.47 hrslpay 21 d d d 21 days (16-20 years), but less than 20 yrs-23 days. 20 yrs or more--26 at year end. VacaOon 50 i k l 20+yrs = 16 hrs/mo (192 hrs) yrs 26 days at 20 years service ays); ( pe o 24 days (21+ years) days are days over ls to s c . Houra over 240 ro 20+years = 8.31 hrs/pay automatically converted Pay out for leave on books Regular part-time period (27 days) to sick leave. et separation employees receive 50% of employee accrual J