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  2. Board Of Aldermen - Agenda - 12/8/2020 - P121

Board Of Aldermen - Agenda - 12/8/2020 - P121

By dnadmin on Sun, 11/06/2022 - 22:50
Document Date
Fri, 12/04/2020 - 15:40
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 12/08/2020 - 00:00
Page Number
121
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__120820…

City of Nashua
UAW Professional Contract Analysis

Description
Number of Employees in Analysis

Base Pay Calculations
Base Pay
% Increase in Base Pay

$ Increase in Base Pay

Total Base Pay
Real Annual % Increase over Prior Year

Other Salary Costs
Overtime (Includes Snow Pager Pay)
Clothing
Educational Benefits

Total Other Salary costs
$ Change over Prior Year
Annual % Increase over Prior Year

Total Base Pay and Other Salary Costs
$ Change over Prior Year
% Change over Prior Year

Retirement Costs
DPW Pension @ 9.15%
FICA and Medicare (7.65%)
Subtotal DPW Pension

Pension (Group | - Employees FY20 & FY21 - 11.17%; FY22 to FY24 - 14.06%)

FICA and Medicare (7.65%)
Subtotal NHRS Pension

Total Retirement Costs
$ Change over Prior Year
% Change over Prior Year

Benefits Costs

Medical Insurance Benefits (FY22 to FY24 - 9.0% Annual Increase)
Less: Employee Contributions to Medical

Subtotal Medical costs

Dental Insurance costs
Life Insurance costs
Total Insurance Benefits

$ Change over Prior Year
% Change over Prior Year

Total Costs
$ Change over Prior Year
% Change over Prior Year

Average Annual Total Compensation Package
Average Annual Increase per Employee
Average Percentage Increase per Employee

Page 1

11/17/2020
Base

FY20 FY214 FY22 FY23 FY24

44 44 44 44 44

$ 2,554,982 $ 2,606,082 $ 2,684,264 $ 2,751,371

2.00% 3.00% 2.50% 2.50%

$51,100 $ 78182 $ 67,107 $ 68,784

$ 2,554,982 $ 2,606,082 $ 2,684,264 $ 2,751,371 $ 2,820,155

2.00% 3.00% 2.50% 2.50%

$ 10,622 $ 10.834 $ 11,159 $ 11,438 $ 11,724

11,960 11,960 11,960 11,960 11,960

3,300 3,300 3,300 3,300 3,300

$ 25,882 $ 26,094 $ 26,419 $ 26,698 $ 26,984

$ 212 $ 325 $ 279 $ 286

0.82% 1.25% 1.06% 1.07%

$ 2,580,864 $ 2,632,176 $ 2,710,684 $ 2,778,069 $ 2,847,139

$ 51,312 $ 78,507 $ 67,386 $ 69,070

1.99% 2.98% 2.49% 2.49%

$ 53,000 $ 54060 $ 55,682 $ 57,074 $ 58,501

8,500 8,670 8,930 9,153 9 382

$ 61,500 $ 62,730 $ 64,612 $ 66,227 $ 67,883

$ 263,000 $ 268,260 $ 338,797 $ 347,267 $ 355,949

144,000 146,880 151,286 155,069 158,945

$ 407,000 $ 415,140 $ 490,083 $ 502,335 $ 514,894

$ 468,500 $ 477,870 $ 554,695 $ 568,563 $ 582,777

$ 9,370 $ 76,825 $ 13,867 $ 14,214

2.00% 16.08% 2.50% 2.50%

$ 762,400 793,046 731,205 775,078 821,582

(153,700) (159,948) (146,241) (155,016) (164,316)

$ 608,700 $ 633,098 $ 584,964 $ 620,062 $ 657,266

37,882 40,441 41,250 42,075 42,916

7,096 6,978 7,187 7,367 7,551

$ 653,678 $ 680,517 $ 633,401 $ 669,504 $ 707,733

$ 26,839 $ (47,116) $ 36,103 $ 38,229

4.11% 6.92% 5.70% 5.71%

$ 3,703,042 $ 3,790,563 $ 3,898,780 $ 4,016,136 $ 4,137,649

$ 87,521 $ 108,217 $ 117,356 $ 121,514

2.36% 2.85% 3.01% 3.03%

$ 90,318 $ 92,453 $ 95,092 $ 97,955 $ 100,918

$ 2135 $ 2,639 $ 2,862 $ 2,964

2.36% 2.85% 3.01% 3.03%

11/24/2020

Page Image
Board Of Aldermen - Agenda - 12/8/2020 - P121

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