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INFORMATION #2 01-16-1995 - . JAN-16-95 MON 13:26 ELK RIVER MACH P.02/03 e e e JANUARY 10, 1995 COMPENSATION TASKFORCE ELK RIVER FIRE DE~ARTMENT SUMMARY OF PROPOSED FAIR COMPENSATION PACKAGE THIS COMPENSATION PACKAGE WILL INCLUDE CHANGING THE PENSION' FROM DEFINED BENEFIT TO DEFINED CONTRIBUTION. ,THIS CHANGE WILL BE: DONE IN A FAIR AND EQUITABLE WAY THAT WILL NOT REGRESS ANY PENSION ACCOUNT BALANCES.' THE CHANGE NEEDS TO BE DONE' SO THAT NO, FIRE FIGHTER, WHETHER NEW OR LONG STANDING MEMBER, IS TREATED DIFFERENTLY'THAN ANOTHER. TOTAL BENEFIT WILL BE DEFINED AS FOLLOWS: TOTAL BENEFIT = HOURLY PAY + BENEFIT PAY HOURLY:PAY is DEFiNED AS THE PAY THAT IS PAID DIRECTLY TO THE FIRE FIGHTER. BENEFIT PAY IS DEFINED AS THE PENSION PAY PER HOUR THAT GOES INTO THE DEFINED CONTRIBUTION RETIREMENT PAY. ' , TOTAL BENEFIT HOURS WOULD BE APPLIED TO THE FOLLOWING HOURS: , HOURS WHILE ON A PAGED EMERGENCY CALL (MINIMUM 1 HOUR PER. PAGED EMERGENCY) . .' ALL HOURS FOR TRAINING DRILLS AND FIRE RELATED SCHOOLING. HOURLY PAY ONLY...WOULD APPLY TO THE FOLLOWING HOURS: HOUR$ FOR,COMMITTEE WORK THAT HAS BEEN PRE-APPROVED. ALL WORK DUTY HOURS AT THE FIRE STATION. ALL FIRE MEETINGS. THE TOTAL BENEFIT PAYMENT WOULD BE MADE UP OF THREE FACTORS: 1) HQURLY WAGE PAID TO THE FIRE FIGHTERS. : 2) THE 2% 'STATE 'PENSION PAYMENT. ; 3) THE CITY OF ELK RIVER PENSION PAYMENT. EXAMPLE: IF 5000 HOURS WERE PUT IN BY THE FIRE FIGHTERS IN ONE CALENDAR YEAR 5000 hrs X $22.25 (RATE PAID IN 1991) = TOTAL BENEFIT. . THE FIRE FIGHTERS WERE PAID $8.00 PER HOUR IN 1991, SO THE BENEFIT PAY WOULD BE $22.25 LESS $8.00 = $14.25 PER HOUR. THE CITY PENSION PAYMENT AND THE STATE 2% PENSION PAYMENT WOULD BE 5000 X $14.25jhr, WHICH WOULD BE PUT INTO THE RELIEF ASSOCIATION PENSION FUND FOR THE FIRE FIGHTERS. THE CITY'S PENSION PAYMENT WILL FLUCTUATE WITH THE HOURS PUT IN AND WITH WHAT THE STATE 2% PENSION PAYMENT IS FROM THE STATE OF MINNESOTA. SPECIAL HOURLY PAY RATE WILL BE AS FOLLOWS: . HOLIDAYS WILL BE'PAID AT A DOUBLE TIME RATE. THIS ONLY APPLIES TO THE HOURLY PAY THAT THE FIRE FIGHTER RECEIVES AND NOT THE BENEFIT PAY RATE. THESE HOLIDAYS ARE TO BE NEW YEARS DAY, MEMORIAL DAY, 4th OF JULY, LABOR DAY, THANKSGIVING DAY, CHRISTMAS EVE AND CHRISTMAS DAY. NIGHT CALLS WOULD HAVE A 2 HOUR MINIMUM PAY BETWEEN THE HOURS OF 10:00 PM AND 6:00 AM. r _ .-. -- JAN-16-95 MON 13:27 ELK RIVER MACH P.03......03 e e e HOURLY PAY WOULD HAVE A BASE RATE WITH THIS RATE CHANGING AS FOLLOWS: PROBATIONARY FIRE FIGHTER BASE RATE LESS $l.OO/hr AP~ARATUS OFFICER BASE RATE PLUS $1.00/hr CAPTAINS BASE RATE PLUS $1.00/hr ASSIS~~NTCHIEFS BASE RATE PLUS $2.00/~r THE INDIVIDUAL FI~E FIGHTER COULD INCREASE THEIR OWN BASE RATE BY GETTING ADDITIONAL TRAINING. THE RATE WOULD CHANGE BY $0.50/hr AFTER THE FIRST 60 HOURS OF FORz,,1AL TRAINING. FOR EACH ADDITIONAL 75 HOURS THE RA~E WOULD INCREASE BY $0.25/hr. THE MINIMUM PROBATIONARY TRAINING HOURS WOULD NOT COUNT TOWARDS THIS INDIVIDUAL RATE CHANGE. "" THE FIRE FIGHTERS WOULD GET THE SAME RAISE PERCENT AS THE REST OF THE CITY EMPLOYEES GET. THIS WOULD BE APPLIED TO THE HOURLY RATE, THE BE~EFIT RATE. AND THE TRAINING HOURLY PAY INCREASE. ' THE PENSION PAY "RATE WOULD BE THE TOTAL BENEFIT RATE LESS THE BASE HOURLY RATE. AN INCREASE IN AN INDIVIDUAL'S PAY RATE WOULD NOT EFFECT (LESSEN) ,THE PENSION PAY RATE.