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7 <br /> 1 Slide #12 <br /> Classified o • o • • • <br /> * Closest Step-places employees in the newly reconuni nded ranges at the closest step <br /> (rottnditrg tip),This is tlxe least experrsive optioir to"tum cox"the rLewly reomraneMed <br /> system. <br /> • Floss Yeats Placemerti-places eiarployees u-L the plant orL the bad of tlxeir lime in <br /> current classification-This would grant one step for each3,ear of service in their current <br /> class tale, <br /> * Ki2xt Step Pialemi2nl-places employees in the plan on the basis of their currenr step <br /> placeiiient.Preserves all ste 's'�that eiaip�lo ees have pored t1vas far,and gramorLe <br /> adi.iticmal step for a year of service in IL <br /> Ca "d Approach-places employees LrL the plant using the"Next Step"plaoeiarentl t <br /> caps increase to a certain number of steps.Costs shown are for a cap at a five-step <br /> inrrease,bw ootdd be-aditksF <br /> 6utx iky S 7:n+lJ.N7 6J] 5 57�84 3.�k 5 21-Ad.So- 5 7416&21 � ur�F!■o- <br /> .Yom Plumrd �].417,7]LL9 I 673 I$3,75® NUMi7N�#1 }717�m0 S;�mLFi <br /> Npsi Wr.3LvmT.Lgi S 7,AAIMffl All sd.m}I !7 7% 'IN4 91 77 ;4;j IR 77 �3%W LWQW <br /> Ca <br /> d ]. M M ILU S3.111- F37F i T.�7 'l72 Q S ]S <br /> M. M I } <br /> 3 <br /> 4 Slide #13 <br /> Cerfifled Supplement Bond Increases <br /> supplemwt sand Pr uposed In-cream Told Corm <br /> 0 19 years 17%to 20% :$1,510.COD <br /> 2D-24 year* 21%W M $22D,D00 <br /> 26+year* 2e%W 27% $116,000 <br /> • lir the 0-19 year hared.the cost equates to appro=iately$50t000 for eaclx 1%raise in <br /> the stIpplelnerlt perceluage, <br /> • In tlxe 20L24 year bartd.the cost equates to approximately$11U00 for each 1%raise hi <br /> the suppleinerlt peteentage. <br /> HI <br /> 5 � LL <br /> 6 <br /> 7 <br />