Line No.
ay Oo a Wh =
City of Nashua, School Department
NASP Contract Analysis
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 iGroup 1 Employees (21.02% FY23-26)
FICA and Medicare @ 7 65%
Total Retirement Costs
$ Change over Prior Year
% Change over Prior Year
insurance Benefit Costs
Medical Insurance Benefils (6% increase all 4 years)
Less Employee Contribulions to Medical (assumes 20%)
Subtotal Medical costs
Dental Insurance Benefits (1% increase FY23-26)
Vision
Life Insurance Benefits
Total Insurance Benefits
$ Change over Prior Year
% Change over Prior Year
Total Costs
$ Change over Prior YeariAverage
% Change over Prior YeariAverage
Average Annual Total Compensation Package
Average Annual increase per Employee
Average Percentage Increase per Employee
Notes:
New City medical plan will be efective July 1, 2023 FY24
General Fund
Base
FY¥22
41
5 3,791,276
s 3,791,275
$ 13,500
4,000
§ 000
$22,500
$ 3,813,775
s 800,605
291,371
$ 1,091,976
$ 783,239
(156.648)
$ 626,591
81,475
9,198
9 264
$ 726,528
$ §,632,279
$ 137,373
