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FINANCIAL POLICIES & PROCEDURES - RATES <br />FY10 EMPLOYEE FRINGE BENEFITS RATES (Excluding Health Benefit Charges) <br />REGULAR EMPLOYEES <br />The 2003 State Legislature approved changes to the Public Employee Retirement System that effectively <br />created two retirement systems: PERS and OPSRP. Most employees hired after January 1, 2004, are <br />enrolled in the OPSRP system. The rates listed below are used by the system to calculate benefits for <br />regular part-time and full-time employees. The rates below include the 6% pickup on all retirement system <br />eligible employees, as well as the City's 5.5% pension bond payment. The budget system defaults to the <br />OPSRP rate for all vacant positions. <br />When estimating future year Dosition costs. remember to add health benefit charees to these frinee rates. <br />Unit/Class PERS/OPSRP MEDICARE FICA LTD LIFE Total <br />AFSCME-PERS <br />22.07% <br />1.45% <br />6.20% <br />0.53% <br />0.27% <br />30.52% <br />AFSCME-OPSRP <br />20.17% <br />1.45% <br />6.20% <br />0.53% <br />0.27% <br />28.62% <br />Non-Rep-PERS <br />22.07% <br />1.45% <br />6.20% <br />0.30% <br />0.27% <br />30.29% <br />Non-Rep OPSRP <br />20.17% <br />1.45% <br />6.20% <br />0.30% <br />0.27% <br />28.39% <br />EPEA-PERS <br />22.07% <br />1.45% <br />6.20% <br />0.30% <br />0.54% <br />30.56% <br />EPEA-OPSRP <br />-Sworn <br />22.88% <br />1.45% <br />6.20% <br />0.30% <br />0.54% <br />31.37% <br />-Non-sworn <br />20.17% <br />1.45% <br />6.20% <br />0.30% <br />0.54% <br />28.66% <br />IAFF-PERS* <br />22.07% <br />1.45% <br />6.20% <br />0.60% <br />0.27% <br />30.59% <br />IAFF-OPSRP* <br />-Sworn <br />22.88% <br />1.45% <br />6.20% <br />0.,60% <br />0.27% <br />31.40% <br />-Non-sworn <br />20.17% <br />1.45% <br />6.20% <br />0.60% <br />0.27% <br />28.69% <br />