Fiscal Note
This resolution provides for a 3% wage increase in December 2013, which will cost about $69,000 in 2013 and result in additional annual costs of approximately $1,150,000 beginning in 2014.
This resolution commits to provide a temporary supplemental wage adjustment of 5% during 2011 for all non-represented City employees, commencing if and when those employees are required to begin paying 5.8% of gross wages towards the Wisconsin Retirement Fund, pursuant to the provisions of the Governor’s Budget Repair Bill. Assuming this wage increase would become effective on May 1st, the cost for the remainder of the year would be approximately $1,300,000. This cost would be fully offset, however, by the savings that would accrue to the City as WRS pension costs are shifted from the employer to employees. Thus, sufficient funds are available in the current budget to implement this temporary wage increase until the end of the year.
In addition, the resolution commits to providing a 2% wage increase that would become effective in December of 2013, which would cost about $46,000 in 2013 and $767,000 per year beginning in 2014. The cost of this future wage increase would require finding in future year operating budgets.
Title
A resolution providing An ALTERNATE to resolution number 21803 to provide For A Wage Increase in the Last Pay Period of 2013, and Establishing a Policy on Avoidance of Layoffs for Non-represented employees. , and to provide a temporary wage adjustment of 5% for non-represented employees to offset the WRS contribution if/when it is imposed by the State.
Body
Whereas, the City and a number of City unions have agreed on new contracts that provide for a 3 2% wage increase in the last pay period of 2013 and language on working cooperatively to avoid layoffs; and
Whereas, the City wishes to extend these same provisions to non-represented employees.
Whereas, Non-represented employees are the only City employees who will be impacted by a r...
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