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What is the cost for the step increase scheduled for October 3, 2015? What is the cost for the longevity increase scheduled for October 3, 2015? What is the cost for the general wage adjustment scheduled for October 3, 2015?

Question#: 7

ANSWER:

The total cost of providing a step/longevity increase and a 2 percent general wage adjustment (GWA) on October 3, 2015 is $68.4 million. The FY 2016 budget includes $56.9 million. In addition, $11.5 million will be needed in FY 2017 to annualize the October 3, 2015 step. Below is a chart that displays the components of the figures.

Fiscal Year Budget Step/Longevity Payments ($ in millions GWA ($ in millions) Total ($ in millions)
FY 2016 $ 26.9 $ 30.0 $ 56.9
FY 2017 5.5 6.0 11.5
TOTAL $32.4 $36.0 $ 68.4

A further breakdown of the step/longevity payments numbers is not available.

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