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City of Nashua, School Department
NASAS Contract Analysis
School Directors
Description
Number of Employees in Analysis
Base Salary Increases
Base Pay Calculations
Base Pay Calculations
Total Base Pay
$ Change over Prior Year
Real Annual % Increase over Prior Year
Other Salary Costs
Longevity
Additional Hours
Educational Benefits
Total Other Salary Costs
$ Change over Prior Year
Real Annual Increase over Prior Year
Total Base Pay and Other Salary Costs
$ Change over Prior Year
% Change over Prior Year
Retirement Costs
Pension (Group 1 Employees (FY22 - FY¥23) 14.06%
FICA and Medicare @ 7.65%
Total Retirement Costs
$ Change over Prior Year
% Change over Prior Year
insurance Benefit Costs
Medical Insurance Benefits (FY¥2022 5.6% incr, F¥2023 - Change, FY2024 - 6%)
Less Employee Contributions to Medical (assumes 20%)
Subtotal Medical costs
Dental Insurance Benefits (FY¥2022 - 4.5% incr, F¥2023 & FY2024 - 1%)
Vision
Life Insurance Benefits
Total Insurance Benefits
$ Change over Prior Year
% Change over Prior Year
Total Costs
$ Change over Prior Year/Average
% Change over Prior Year/Average
Average Annual Total Compensation Package
Average Annual Increase per Employee
Average Percentage Increase per Employee
Notes: 3 year contract
City medical plan accepted
Life insurane increased to maximum of $200,000 vs $100,000
12/17/2021
General Fund
Base __
FY21 FY22 FY23 FY24
54 54 54 54
2.5% 2.7% 2.4%
$ 3,660,038 3,749,788 $ 3,850,840 $ 3,942,887
$ 5 5 5 5
$ 3,660,038 3,749,788 $ 3,850,840 $ 3,942,887
83,750 $ 101,052 §$ 92,047
2.5% 2.7% 2.4%
$ 16,950 21,600 §$ 21,600 § 21,600
5,000 5,000 §,000 5,000
$ 21,950 26,600 § 26,600 § 26,600
4650 § - $ S
21.2% 0.0% 0.0%
$ 3,681,988 3,776,388 $ 3,877,440 $ 3,969,487
94,400 $ 101,052 §$ 92,047
2.6% 2.7% 2.4%
$ 410,720 $30,257 $ 544,465 § 557,407
281.290 288,511 296,242 303,283
$ 692,009 818,768 $ 840,707 $ 860,690
126,759 §$ 21,938 § 19,383
18.3% 2.7% 2.4%
$ 887,920 937,644 $ 793,565 § 841,179
(198,295) (187,529) (158,713) (168,236)
$ 689,625 750,115 §$ 634,852 §$ 672,943
71,136 74,337 75,081 75,831
9,702 9,702 9,702 9,702
7,536 7,805 9.440 9,667
$ 777,999 641,959 $ 729,075 $ 768,144
63,960 $ (142,884) $ 39,068
8.2% 13.4% 5.4%
$ 6,151,996 5,437,116 $ 5,447,222 § 5,598,321
285,119 § 10,106 § 151,099
5.5% 0.2% 2.8%
$ 95,407 100,687 $ 100,874 $ 103,673
5,280 $ 187 §$ 2,798
5.8% 0.2% 2.8%
maximum increased to 200K
