Line No.
oan ePameawn —
City of Nashua 3/18/2022
Police Patrolmen Contract Analysis
Employer Costs
Base Proposed Contract Years
Description FY22 FY23 FY24 FY25 FY¥26
Number of Employees in Analysis 136 136 136 136 136
Negotiated Rank Base Salary Increases 2.757% 3.00% 3.00% 3.00%
Base Pay Calculations
Rank Pay including In Grade Promotions $ 10,923,577 $ 11,223,975 $ 11,560,695 $ 11,907,515
Negotiated Rank Base Salary Increases 300,398 336,719 346,821 357,225
Total Base Pay $ 10,923,577 $ 11,223,975 §$ 11,560,695 $ 11,907,515 $ 12,264,741
$ Change over Prior Year $ 300,398 § 336,719 $ 346,821 $ 357,225
% Change over Prior Year 2.78% 3.00% 3.00% 3.00%
her Salary Cos'
Overtime $ = 1.818,508 $ 1,868,517 $ 1,924,572 $ 1982310 $ 2,041,779
Outside Details 425,960 425,960 425,960 425,980 425,960
Longevity 45,750 47,550 54,050 60,550 77,250
Holidays 503,706 517 558 533,085 549,077 565,550
Educational Benefits 20,000 20,000 26,600 20,000 20,600
Educational Incentives 81,800 99,250 99,250 99,250 99,250
Clothing Allowance 106,175 106,175 106,175 106,175 706,175
Wellness Reimbursement A ‘awance 27,400 27,400 27,400 27,400 27,400
Total Gther Salary Costs $ 3,033,299 $ 3,112,410 $ 3,190,492 $ 3,270,722 $ 3,363,363
$ Change over Prior Year $ 79,111 § 78,082 $ 80,230 $ 92,642
% Change over Prior Year 2.61% 2.51% 2.51% 2.83%
Base Pay and Other Salary Costs
Total Base Pay and other Salary Costs $ 13,956,876 $ 14,336,385 $ 14,751,187 $ 15,178,237 $ 15,628,104
$ Change over Prior Year 379,509 414,802 427,051 449,867
% Change over Prior Year. 2.72% 2.89% 2.90% 2.96%
Average Annual Salary and Other Salary Costs $ 102,624 $ 105,415 $ 108,465 $ 111,605 $ 114,913
Average Annual Increase per Employee $ 2,791 $ 3,050 $ 3,140 $ 3,308
Average Percentage Increase per Employee 2.72% 2.89% 2.90% 2.96%
Retirement Costs
Pension - NHRS (FY23 - 33.88%; FY24-F ¥26 - 33.88%} $ 4,513,812 $ 4636,478 $ 4,777,013 § 4921698 $ 5.074.113
Medicare (1.45%) 193,183 194,077 199,565 205,610 211,983
Total Retirement Costs 4,706,995 4,830,555 4,976,578 5,127,308 5,286,095
$ Change over Prior Year/Average 123,560 146,023 150,730 158,787
% Change over Prior Year/Average 2.63% 3.02% 3.03% 3.10%
Average Retirement Costs § 34,610 $ 35,519 $ 36,592 $ 37,701 § 38,868
Average Annual Increase per Employee $ 909 § 1,074 $ 1,108 § 1,168
Average Percentage Increase per Employee 2.63% 3.02% 3.03% 3.10%
Insurance Benefits Costs
Medical Insurance Costs (6% Increases - Savings in FY24) $ 2,706,484 $ 2,868,873 $ 2,904,622 $ 3,078,899 $ 3,263.633
Less: Employee Contributions (20%) (541,297) (573,775) (580,924) (615,780) (652,727)
Subtotal - Medical Costs to City $ 2,165,187 $ 2,295,098 $ 2,323,697 § 2,463,119 $ 2,610,906
Dental Insurance Costs (1% Increases) 126,678 127,945 129,224 130,516 131,822
Life Insurance Costs 17,960 17,900 17,900 17,900 17,900
Total Insurance Benefits Costs $ 2,309,765 $ 2,440,943 $ 2,470,821 $ 2,611,536 $ 2,760,628
$ Change over Prior Year 162,389 35,749 174,277 184,734
% Change over Prior Year 6.00% 1.25% 6.00% 6.00%
Average Insurance Benefits Costs 5 16,984 §$ 17,848 $ 18,168 § 19,202 $ 20,299
Average Annual Increase per Employee $ 965 $ 220 $ 1,035 § 1,096
Average Percentage Increase per Employee 5.7% 1.2% 5.7% 5.7%
Total Cost of Contract
Total Compensation $ 20,973,636 $ 21,607,883 $ 22,198,586 $ 22,917,081 § 23,674,827
$ Change over Prior Year $ 634,247 $ §90,703 $ 718,495 $ 787,747
% Change over Prior Year. 3.02% 2.73% 3.24% 3.31%
Average Annual Total Compensation Package $ 184,218 $ 158,881 § 163,225 $ 168,508 $ 174,080
Average Annual Increase per Employee $ 4,664 § 4,343 $ 5,283 $ §,572
3.02% 2.73% 3.24% 3.31%
Average Percentage Increase per Employee
¥21/20222:11 PM