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HomeMy WebLinkAboutRESOLUTIONS - 11182008 - 2008/714THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY,CALIFORNIA Adopted this Order on d%'< •' U by the following vote: AYES: l G((l.J t Q; Pte_ 1 od boru _w NOES:hone ABSENT: 64dve - ABSTAIN: irrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr, SUBJECT: Approving Contribution Rates to be charged and Resolution No. Interest to be credited,by the.Contra Costa County Employees' Retirement Association. Pursuant to Government Code Section 31454 and on recommendation of the Board of the Contra Costa County Employees' Retirement Association,BE IT RESOLVED that the following contribution rates are approved to be effective for the period July 1,2009 through June 30,2010. 1. Basic Retirement Benefit Rate Component (payable as a % of compensation) Coun * District* M/O Fire Con Fire N A. For General Members Under the 111.67% at 5511 benefit schedule(Sec. 31676.11) 1. General Members—Tier I covered by Social Security, N On the first$350 of earnable monthly compensation: N/A 13.18% N/A N/A On earnable compensation in excess of$350 monthly:N/A 19.76% N/A NIA E 2. General Members—Tier I not covered by Social Security: N/A 19.76% N/A N/A 3. General Members-Tier III: N On the first$350 of earnable monthly compensation: N/A N/A N/A NIA H On earnable compensation in excess of$350 monthly:NIA N/A N/A N/A A N B. For Safety Members Under the"2% at 50"benefit schedule C 1. Safety Members: N/A 20.93% N/A N/A E D C. For.Employee Rates under the above benefit schedules— See attached rate sheets A and B. D. For General Members Under the"2% at 55" benefit schedule(Sec. 31676.16) 1. General Members—Tier I covered by Social Security, On the first$350 of earnable monthly compensation: 10.67% 13.56% 7.68% 7.24% E On earnable compensation in excess of$350 monthly:16.00% 20.34% 11.52% 10.87% 2. General Members—Tier I not covered by Social Security: 16.00% 20.34% 11.52% 10.87% NN3. General Members'-Tier III: A On the first$350 of earnable monthly compensation: 9.75% 12.93% N/A N/A N On earnable compensation in excess of$350 monthly:1.4.62% 19.40% N/A N/A C E. For Safety Members(Tier A)Under the 113% at 50" 1 year FAS benefit schedule(Sec. 31664.1) E 1. Safety Members: 28.55% 36.82% 18.18% 18.46% D F. For Safety Members(Tier C)Under the 113% at 50"3 year FAS benefit schedule(Sec. 31664.1) 1. Safety Members: 25.54 N/A N/A N/A G. For Employee Rates under the above benefit schedules — See attached rate sheets C,D, E and F. ADMINISTRATION CONTRIBUTIONS 1 - Resolution) T:\Contributions\Resolutions\Resolution 7-1-09 rates.doc II. Cost of Living Program Rate Component (payable as a% of compensation) Coufijy* District* MIO Fire Con Fire A. For General Members Under the"1.67% at 55" benefit schedule(Sec. 31676.11) N 1. General Members—' Tier I covered by Social Security, 0 On the first$350 of earnable monthly compensation: N/A 6.51% N/A N/A N On earnable compensation in excess of$350 monthly:N/A 9,77% N/A N/A 2. General Members—Tier I not covered by Social Security: N/A 9.77% N/A N/A E 3. General Members-Tier III: N On the first$350 of earnable monthly compensation: N/A N/A N/A N/A H On earnable compensation in excess of$350 monthly:N/A N/A N/A N/A A B. For Safety Members Under the"2%.at 50" benefit schedule N C 1. Safety Members: N/A 13.45% N/A N/A E-C. For Employee Rates under the above benefit schedules UD See attached rate sheets A and B. D. For General Members Under the"2% at 55" benefit schedule(Sec. 31676.16) I General Members—Tier I covered by Social Security, On the first$350 of earnable monthly compensation: 4.19% 6.68% 3.27% 2.29% E On earnable compensation in excess of$350 monthly:6.28% 10.03% 4.92% 3.44% N 2. General Members—Tier I not covered by Social Security: 6.28% 10.03% 4.92% 3.44% H 3. General Members-Tier III: A On the first$350 of earnable monthly compensation: 1.77% 6.35% N/A N/A N On earnable compensation in excess of$350 monthly:5.66% 9.52% N/A N/A C E. For Safety Members (Tier A) Under the '13% at 50", 1 year FAS benefit schedule(Sec. 31664.1) E L 1. Safety Members: 1126% 19.92% 6.84% 5.92% D F. For Safety Members (Tier Q Under the 113% at 50",3 year FAS benefit schedule(Sec. 31664.1) 1. Safety Members: 9.22% N/A N/A N/A G. For Employee Rates under the above benefit schedules— See attached rate sheets C,D,E and F. 11I.Non-refundabili1y Discount Factors Because payments made under agreement, by the employer on behalf of employees are non-refUndable, they shall be paid at the following rates: Benefit Schedule Non-Enhanced Enhanced General Tier 1: 9951 9972 General Tier III: N/A 9929. Benefit Schedule Non-Enhanced Enhanced Safety Tier A: 1.0000 9971 Safety Tier.C: N/A 9800 ADMINISTRATION CONTRIBUTIONS 2- Resolution) T:\Contributions\Resolutions\Resolution 7-1-09 rates.doc The Pension Obligation Bonds (POB);issued by the County in March 1994 and April 2003, affected contribution rates for certain County employers. The following non-County employers who participate in the Retirement Association are referred to as "Districts All other departments/employers are referred to as "County" including the Superior Court of California, Contra Costa County. Bethel Island Municipal Improvement District Byron, Brentwood Knightsen Union Cemetery District Central Contra Costa Sanitary District Contra Costa County Employees' Retirement Association Contra Costa Housing Authority Contra Costa Mosquito and Vector Control District Local Agency Formation Commission Rodeo:*Rodeo Sanitary District In-Home Supportive Services Authority First 5 - Children& Families Commission East Contra Costa Fire Protection District Rodeo-Hercules Fire Protection District San Ramon Valley Fire Protection District Contra Costa County Fire Protection District and Moraga-Orinda Fire Protection District issued Pension Obligation Bonds in 2005 which affected contribution rates f6r these two employers. Subsequently, Con Fire has made additional payments to CCCERA of its UAAL in 2006 and 2007. These two employers have separate contribution rates as denoted on the resolution. ADMINISTRATION CONTRIBUTIONS 3- Resolution) T:\Contributions\Resolutions\Resolution 7-1-09 ratesl, doc CONTRA COSTA COUNTY EMPLOYEE RETIREMENT ASSOCIATION EMPLOYER RATES FOR DISTRICTS AT VARIOUS SUBVENTION LEVELS NON-ENHANCED BENEFITS Eff. July 1, 2009 Subvention Levels 50%75% 100% TIER I (Aggregate) Basic 19.24% 19.24% 19.24% Subvention 3.62% 5.43%. 7.24% Basic+ Subvention 22.86% 24.67% 26.48% COL 9.52% 9'.52% 9.52% Total 32.38% 34.19% 36.00% TIER II There are NO Tier 11 Active Rates TIER III (Aggregate) There are NO Tier III Active Rates SAFETY(TIER A) i Basic 20.93% 20.93% 20.93% Subvention 4.27% 6.41% 8.54% Basic+ Subvention 25.20% 27.34% 29.47% COL 13.45% 13.45% 13.45% Total 38.65% 40.79% 42.92% All rates above are as a percent of payroll. Employee contribution rates vary depending upon their age at entry. For this reason, subvention percents above are averages for that coverage category. To compute the exact subvention percent for each employee, do the following: 1. Find the employee's basic contribution rate on the attached charts using the coverage category and the employee's entry age. Only the Basic rate can be subvented. 2. Multiply this by your subvention percent(ie.50%, 75%, etc.). 3. Multiply this result by the reduction factor for that employment category: Tier 1 .9951 Tier 11 N/A Tier III N/A Safety 1.000 CAUTION - These rates are for employer subvention NOT employer pick-up of employee contribution rates. When an employer subvents,the contribution subvented is not placed in the member's account and is therefore not available to the member as a refund. For this reason,the employer pays the contribution at a discount(ie. The"reduction factor'). Employer pick-ups of employee contributions are those made under Section 414(h)(2)of the Internal Revenue Code. These contributions are added to the members account, are available to the member as a refund, and are considered by the retirement system as part of the members compensation for retirement purposes. 4 T:\Contributions\Subvention Ivls\2009-2010\subvention levels non-enhanced 7-1-09 9 I , CONTRA COSTA COUNTY EMPLOYEES' RETIREMENT ASSOCIATION EMPLOYER RATES 'FOR DISTRICTS (other than M/0 Fire and Con Fire) AT VARIOUS SUBVENTION'LEVELS ENHANCED BENEFITS Eff. July 1, 2009 Subvention levels 50%75% 100% TIER I (Aggregate) Basic 19.98% 19.98% 19.98% Subvention 2.91% 4.37% 5.82% Basic+ Subvention 22.89% 24.35% 25.80% COL 9.86% 9.86% 9.86% Total 32.75% 34.21%. 35.66% TIER III (Aggregate) Basic. 18.97% 18.97% 18.97% Subvention 3.14% 4.71% - 6.28% Basic+ Subvention 22.11% 23.68% 25.25% COL 9.31% 9.31% 9.31% Total 31.42% 32.99% 34.56% All rates above are as a percent of payroll. Employee contribution rates vary depending upon their age at entry. For this reason, subvention percents above are averages for that coverage category. To compute the exact subvention percent for each employee,do the following: 1. Find the employee's basic contribution rate on the attached charts using the coverage category and the employee's entry age. Only the Basic rate can be subverted. 2. Multiply this by your subvention percent(ie. 50%, 75%, etc.). 3. Multiply this result by the reduction factor for that employment category: Tier 1 .9972 Tier III .9929 CAUTION - These rates are for employer subvention NOT employer pick-up of employee contribution rates. When an employer subvents,the contribution subvented is not placed in the member's account and is therefore not available to the member as a refund. For this reason,the employer pays the contribution at a discount(ie. The"reduction factor'). Employer pick-ups of employee contributions are those made under Section 414 (h)(2)of the Internal Revenue Code. These contributions are added to the member's account, are available to the member as a refund,and are considered by the retirement system as part of the members compensation for retirement purposes. 5 TAContributions\Subvention Ivls\2009-201Msubvention levels enhanced 7-1-09 TIER I - "1.67% @ 55" (Non-Enhanced) Effective 7/1/09 - 6/30/10 A Expressed as a Percentage of Monthly Payroll) . Entry Basic COLA Total Age FIRST$350 OVER$350 FIR5T$350 _OVER$350 FIRST$350 OVER$350 15 3:59% 5.38% 1.78% 2.67% 5.37% 8.05% 16 3.65% 5.47% ' 1.81% 2.` :;°i3 5.46% 8.18% 17 3.71% 5.56% 1.84% 2.76% 5.55% 8.32% 18 3.76% 5.64% 1.87% 2.80% 5.63% 8.44% 19 3.82% 5.73% ;v"*: 1 8 ,84°a 5.71% 8.57% 20 3.88% 5.82% 1.93% 2.89% 5.81% 8.71% 21 3.95% 5.92% 1.96% 2.94% 5.91% 8.86% 22 4.01% 6.01% 1.99% 2.98% 6.00% 8.99% 23 4.07% 6.10% z30 ° 6.08% 9.12% 24 4.13% 6.20% 2 05% iT7°, 6.18% 9.27% 25 4.20% 6.30% 0 °f¢x 6.28% 9.42% 26 4.27% 6.40% j orr 6.38% 9.57% 27 4.33% 6.50% 2.15% 322°v 6.48% 9.72% 28 4.40% 6.60% 2 18% 6.58% 9.87% 29 4.47% 6.70% 6.68% 10.02% 30 4.54% 6.81%' 2.25% 3.38% 6.79% 10.19% 31 4.61% 6.92% 2.29% 6.90% 10.35% 32 4.69% 7.03% 2.33% 3.49% 7.02% 10.52% 33 4.76% 7.14% 2 `6°' X64°I 7.12% 10.68% ' 34 4.83% 7.25% 2.40% 3.60% 7.23% 10.85% 35 4.91% 7.37%' a 3 7.34% 11.02% 36 4.99% 7.49% 47°fa W37 °c 7.46% 11.20% 37 5.07% 7.61% SFA 3 7o' g. a 7.58% 11.38% 38 5.16% 7.74% 2.56% 3.84% 7.72% 11.58% 39 5.25/ 7.87/ Tg27 7.85% 11.77%r 40 5.33% 8.00% 2.65% 3.97% 7.98% 11.97% 41 5.43% 8.14% 2.69% 4.04% 8.12% 12.18% 42 5.53% 8.29%', 2 ,aF 4F 8.27% 12.40% 43 5.63% 8.44%1" 2.79% 4.19% 8.42% 12.63% 44 5.74% 8.61% 2.85% 2 ° = 8.59% 12.88% 45 5.84% 8.76%'' ` "F 2 n 8.73% 13.10% 46 5.95% 8.92% 2.95% 4 '/w 8.90% 13.34% 47 6.04% 9.06% 9.03% 13.55% 48 6.13% 9.20%. 3 9.17% 13.76% 49 6.22% 9.33% 3.09% 4.63% 9.31% 13.96% 50 6.29% 9.44% 3 2°a :'" '" 68/;" " 9.41% 14.12% 51 6.30% 9.45% 3.13% 4.69% 9.43%- 14.14% ' 52 6.29% .9.43% 3.12% 4.68% 9.41% 14.11% 53 6.23% 9.34%, 463°f 9.32% 13.97% 54 6.05% 9.08% f}0°la 4 °u 9.05% 13.58% 55 6.05% 9.089.05/ 13.58/ 56 6.05% 9.08% 4fl°° ;aw 9.05% 13.58% 57 6.05% 9.08% x '3 a, 4 50°I°s 9.05% 13.58% 58 6.05% 9.08%, 300°at 45Q°s` 9.05% 13.58% 59 6.05% 9.08%', 0°I' 9.05% 13.58% 60 6.05% 9 080/, ' 04 9.05% 13.58% 7,7 77m7um f" wae".ux Yu `"•sa, n'-tMw:.iv: '. auww:s` :,,a.:. NOTE: All rates above assume the employee is covered under Social Security. If the employee is not under bocial becurity,use the-uvtK 4)sou"rate and apply it to an reported compensation. RATES THAT HAVE CHANGES FOR 2009-2010 6enMemRates T-1 unenhanced A 7-1-09 Exhibit A(2) 7 SAFETY - "2% @ 50" (Non-Enhanced) Effective 7/1/09.- 6/30/10 B Expressed as a Percentage of Monthly Payroll) Entry Age Basic COLA Total 15 7.85% 11.74% 16 7.85%89%a 11.74% 17 7.85% 3 89/0 11.74% 18 7.85% 3$9`°!0 11.74% 19 7.85% 11.74 20 7.85% 11WX 11.74 21 7.85%89°/ mak R 11.74% 22 7.97% 3 95>a 11.92% 23 8.09% 12.10% 24 8.22% 4.08% 12.30% 25 8.35% 4 4% 12.49% 26 8.48% 4.21% 12.69% 27 8.61% off 12.88% 28 8.74% Q 3°0 13.07% 29 8.87% 4.40% 13.27% 30 9.02% GOk 4AWO , ...W_., 13.49% 31 9.15% 4.54% 13.69 32 9.30% 13.91% 33 9.45% 4.69% 14.14% 34 9.59% 4.76% 14.35% 35 9.75% 4.84% 14.59 36 9.91% 4 9I%, 14.82% 37 10.08% 504 15.08% 38 10.25% 15.33% 39 10.43% 5a % 15.60% 40 10.62% 5.27% 15.89% 41 10.82% 5.37% 16.19% 42 11.05% 16.53% 43 11.31% Y 61%" ` 16.92% 44 11.60% 57 17.35% 45 11.77% 584=% 17.61% 46 11.80% 5$5'a 17.65 47 11.73% S2%M, 17.55% 48 11.56% 5 3 17.29% 49 11.51% 571a e' ' 17.22% sr 50 11.51% 17.22% 51 11.51% 17.22% 52 11.51% 5 7 17.22% 53 11.51% 571% ' 17.22 54 11.51% 5,ZE,111, 17.22% 55 11.51% 17.22% 56 11.51% 5'gj/0 17.22 57 11.51% 1'rlQ 17.22% 58 11.51% X71°fa 17.22% 59 11.51% 17.22% 60 11.51% 573°f _ 17.22% zgCaLA9UP g RATES THAT HAVE CHANGED FOR 2009-2010 Safety Rates non-enhanced B 7-1-09 Exhibit B(2) 8 CONTRA COSTA COUNTY EMPLOYEES' RETIREMENT ASSOCIATION ADJUSTING RATES TO REFLECT EMPLOYEE PAYMENT OF EMPLOYER COST A provision in the law allows safety members to defray the employer cost for the 3%at 50" enhanced benefit. If you are providing the "3% at 50" enhanced benefit to.your safety employees and if your employees have agreed to defray part of your increased cost, you will need to adjust both employee and employer rates: Employee rate—Increase the employee's rate by the cost-sharing percent of payroll agreed upon. Employer rate—Decrease the employer's rate by a percent of the cost-sharing percent of payroll using the applicable Safety refundability factor: EXAMPLE FOR TIER A: If the cost-sharing percent is 9.0%, Employee rates should be increased by 9.0%. The employer rate should be decreased by (9.0%x.9971) 8.9739% EXAMPLE FOR TIER C: If the cost-sharing percent is 2.1%, Employee rates should be increased by 2.1%. The employer rate should be decreased by (2.1%x.9800) 2.0580% Employer Contribution Prepayment Program & Discount Factor' for 2009-10 If you are currently participating in the prepayment program and wish to continue, you don't need to do anything other than prepay the July.1, 2009 through June 30, 2010 contributions by July 30, 2009. If you wish to start participating,please contact the Accounting Division at the Retirement Office by March 31, 2009. The'discount factor for the fiscal year July 1, 2009 through June 30,2010 will be .959 and remains the same as the previous year based on the interest assumption rate of 7.8%. rate sub chart 7-1-09 EE cost sharing 6 ti TIER I = "2% @ 55" (Enhanced) Effective 7/1/09- 6/30/10 C Expressed as a Percentage of Monthly Payroll) Entry Basic COLA Total Age FIRST$350 OVER$350 FIRST$350 OVER$350 FIR5T$350 OVER$350 15 3.11% 4.67%X1$7%8a Gj 4.98% 7.47% 16 3.17% 4.75% I$ o 5.06% 7.59% 17 3:21% 4.82%Y.T « 3° foggy 5.14% 7.71%k 18 3.27/° 4.90% 1 95a 2931° 5.22/° 7.83/° 19 3.32% 4.98% _ 1 9% $ 2r98'fo 5.31% 7.96% 20 3.37% 5.06% 0Y3%. 5.39% 8.09% 21 3.43% 5.14% 2 051fl _ 3081a 5.48% 8.22% 22 3.48% 5.22% 2 9° 13/d 5.57/° 8.35% 23 3.53% 5.30% 21=IYa 317% 5.64% 8.47% 24 3.59% 5.39% 3 2 % 5.74% 8.62% 25 3.65% 5.47% 2 I9% 3 28a/o 5.84% 8.75% 26 3.71%5.56/° 22 0 3 1 5.93% 8.89% 27 3.77% 5.65% 6.02% 9.03% 28 3.83% 5.74% gC 44°fes 6.12% 9.18% 29 3.89% w2 33°la 3 %5.83/° 6.22% 9.32%- 30 3.95% 5.92% 4 =2 3F °cam 3 55'fo` 6.32% 9.47% 31 4.01% 6.01%6.41% 9.61% 32 4.07% 6.11%6.51% 9.77% 33 4.13% 6.20% Z 6.60% 9.91% 34 4.20% 6.30% 2 51%0 6.71% 10.07% 35 4.27% 6.40% 2 55% X398", 6.82% 10.23% zx 36 4.33% 6.50% 59 0' 3 89°la 6.92% 10.39% 37 4.40% 6.60% 2 63% 3 95% 7.03% 10.55% 38 4.47% 2b8a6.71/° x 4 Q2 1° 7.15/° 10.73/° 39 4.54% 6.81% 72%> 4 08% 7.26% 10.89% 40 4.61%2 76s°f 41+4% .: 6.92/o 7.37/° 11.06/° 41 4.69% 7.04% r 3af 4 22°I 7.50% 11.26% 42 4.77% 7.15% 7.62/° 11.43/°°4 43 4.85% 7.27% r 90% 4 35o1a 1 7.75% 11.62% 44 4.93% 7.39% 2 5.1 4 1" 7.8 8/0 11.82% 45 5.01% 7.52% m" 4 50°- 8.01% 12.02%3'00 o 46 5.10% -7.65% K 3 5° ` s 4 8°a 8.15% 12.23% 47 5.19% 7.79% 3 0 s 4,675o 8.30% 12.46% 48 5.29% 7.93% 1R14 4 75° 8.46% 12.68% 49 5.39% 8.09%° rte%33 48 °f° 8.62% 12.94/° 50 5.49% 8.23%8.78% 13.16%3 290 4 9 1 51 5.59% 8.38% 35% 2 _ ' 2°/ 8.94% 13.40% 52 5.67% 8.51% 9.07% 13.61% 53 5.77% 8.65%° 9.22% 13.83% 8.76/°54 5.84% i 5 M'. t 2510 9.34% 14.01% 55 5.91% 8.87% - 3 54°a KK h5 3t js„ 9.45% 14.18% 56 5.92% 8.88% 3 5 a 2% 9.47% 14.20% 57 5.91% 8.86% X54'/0 31 q° 9.45% 14.17% 58 5.85% v 8.78% 3 %,5 2b°fa 9.36% 14.04% 59 5.69% 8.53% 4I% 5ll.o { 9.10% 13.64% 60 5.69% 8 530 910% 13.64% NOTE:. All rates above assume the employee is covered under Social Security. If the_employee is not under Social Security,use the"OVER$350 rate and apply it to all reported compensation. RATES THAT HAVE CHANGED FOR 2009-2010 GenMemRates T-1 enhanced C 7-1-09 Exhibit C(2) q TIER III - "2% @ 55 (Enhanced) Effective 7/1/09 '- 6/30/10 Expressed as a Percentage of Monthly Payroll) Entry Basic COLA Total A_e-FIRST$350 OVER$350 FIRST$350 OVER$350 FIRST$350 OVER$350 15 3.11% 4.67% = i35 % a22A % 4.62% 6.94% 16 3.17% 4.75% 314.71% 7.06% 17 3.21% 4.82% f 57°fA 2 35°J° 4.78% 7.17% 18 3.27% 4.90% 159% 39°fo 4.86% 7.29% 19 3.32% 4.98% Ibl% 242% 4.93% 7.40% 20 3.37% 5.06% 164°!a 246x% 5.01% 7.52% 21 3.43% 5.14% 167!° 250% 5.10% 7.64% 22 3.48% 5.22% l b9fl/a 2 54s/ 5.17% 7.76% 23 3.53% 5.30% 172% 2 58% 5.25% 7.88% 24 3.59% 5.39%2x 5.34% 8.01% 25 3.65% 5,47% 177fo Z 66 J° " 5.42% 8.13% 26 3.71% 5.56% 1$1% 5.52% 8.27% 27 3.77% 5650/ 9 Z 75=%3 5.60% 8.40% 28 3.83% 5.74% 1861 2 79°/ 5.69% 8.53% 29 3.89% 5.83% q 1$9/a 2 84 5.78% 8.67% 30 3.95% 5.92% a5.87% 8.80% 31 4.01% 6A 1% 195% 2 93`!° 5.96% 8.94% 32 4.07% 6.11%s 1.98a/ Q X2 4,7 6.05% 9.08% 33 4.13% 6.20% = Z Q1 Ja 3 02°J 6.14% 9.22% OR 34 4.20% 6.30% r 2 05%° 07% 3 P 6.25% 9.37% 35 4.27% 6.40% x 2 Q8/ 31`2°J° 6.35% 9.52% 36 4.33% 6.50% 6.44% 9.66% av fi 37 4.40% 6.60%214°!a 6.54% 9.81%ME 38 4.47% 6.71% 2181 3'27 6.65% 9.98% 39 4.54% 6.81% 224Jo 3 32° t 6.75% 10.13% 40 4.61% 6.92% „ 225,°fo 33=710 3 6.86% 10.29% 41 4.69% 7.04% 2 29a/o 3 43% K' 6.98% 10.47% 42 4.77% 7.15% 7.09% 10.63% 43. 4.85% 7.27% 2 3f%la 3 54% 7.21% 10.81% 44 4.93% 7.39% a, 240D/ 53 60ro -ti 7.33% 10.99% 45 5.01% 7.52% 244°Jo 3 66% 7.45% 11.18% 46 5.10% 7.65% 2 $% 3 7Z°!, 7.58% 11.37% 7.79/°7.72% 11.58/°47 5.19% Z 53,% ",.. 3 79/° 48 5.29% 7.93% ,; 257s' 7.86% 11.79% 49 5.39% 8.09% 263% 3 94'/° _ 8.02% 12.03% 50 5.49% 8.23% 267°l Ol'/o 8.16% 12.24% 51 5.59% s 8.38/° .: 2 72% 4 08°!° 8.31% 12.46% 52 5.67% 8.51% 276!° 14°l° 8.43% 12.65% 53 5.77% 8. 650/, 2 81,°!0 4 2_l°l0 8.58% 12.86% 54 5.84% 2 84% 4 26j% 8.68% 13.02/° 55 5.91% 8.87% `' 2 88'la " 326 8.79/0 13.19/o 56 5.92% 8.88% 288°l0 432J° 8.80% 13.20% 57 5.91% 8.86% 2#8 '/0 _431Jo 8.78% 13.17% 58 5.85% 8.78% 2$5`f 4 2 T/ate 8.70% 13.05% 59 5.69% 8.53% 277 la 4 5 Io 8.46% 12.68% 60 5.69% 8.530%Z77%a 415/0 8.46% 12.68% E - COLA Loadmglactor 48 58°l0IR... NOTE: All rates above assume the employee is covered under Social Security. If the employee is not under Social Security,use the"OVER$350" rate and apply it to all reported compensation. RATES THAT HAVE CHANGED FOR 2009-2010 GenMemRates T-III enhanced D 7-1-09 Exhibit D(2) 10 SAFETY (TIER A) -. ."3% @ 50" (Enhanced) Effective 7/1/09 - 6/30/10 E Expressed as a Percentage of Monthly Payroll) Entry Age Basic COLA Total 15 7.85% 13.76% 16 7.85% 13.76% 17 7.85% ld x 13.76% 18 7.85%92% _ 13.76% 19 7.85% 9=19`d 13.76% 20 7.85% 5 91% 13.76% 21 7.85%91° .13.76% 22 7.97% 7 f1 s,. 13.97% 23 8.09% 6f}9% v 14.18% 24 8.22% i i}fa 14.41% 25 8.35% g 9 o ' 14.64% 26 8.48% s 639s o 14.87% 27 8.61% 49% 15.10% 28 8.74/°s. 6 8/0 3 15.32% 29 8.87% M b b8 - - 15.55% 30 9.02% b 7Qilo x 15.81% 31 9.15% b 89wo, 16.04% 32 9.30% 16.30% 33 9.45% 717r°!° s F 16.57% 4 9.59%3 7 22/ 16.817. 35 9.75% X3'4% 17.09% 36 9.91% 4(j'/ 17.37% 37 10.08% 7............. 9x/o 17.67% 38 10.25% 7210 17.97% 39 10.43% 18.29% 40 10.62% 8 Q'l° a 18.62% 41 10.82% 8150 18.97% 42 11.05% 8332% 19.37% 43 11.31% 8 5 2°!0 19.83% 44 11.60% 8 4°0 7 20.34% 45 11.77% 20.64% 46 11.80% o 20.69% 47 11.73%6,fi 20.57% 48 11.56%20.27% 49 11.51% bk 8 20.18% 50 11.51% 8fi °o 20.18% 51 . 11.51% 867 ° 20,18% 52 11.51/0 87° 20.18%o 53 11.51%8 67% 20.18% 54 11.51% p f 7/ 20.18% 55 11.51% 20.18% 3 56 11.51% t 8 6 l 20.18% 57 11.51% b o 20.18 58 11.51% 20.18% 59 11. 510/. b7.o 20.18% 60 11.51% b7/ 20.18% RATES THAT HAVE CHANGED.FOR 2009-2010 Safety Rates(Tier A)enhanced E 7-1-098.Exhibit E(2) t SAFETY (TIER C) - "3% @ 50" (Enhanced) Effective 7/1/09 -. 6/30/10 F Expressed.as a Percentage of Monthly Payroll) Entry Age Basic COLA Total 15 7.48% 09° 10.57% 16 7.48% F xF ar O9 p 10.57/° 17 7.48% 10.57%10.57% 18 7.48% M9x% 10.57% 19 7.48%10.57/°° 20 7.48%9 10.57% 21 7.48% y 0:9 10.57% 22 7.60% 3141A 10.74% 23 7.72%5 18 10.90% 24 7.83% 3131x n: 11.06/° 25 7.96% 328/0 11.24% 26 8.08% 30 11.41/° 27 8.20% 11.58/°l° 28 8.33%1 11.77% 29 8.46% 11.95% 30 8.59% 3 41 rt 12.13% 31 8.73% 12.33% 32 8.86% 12.51/° 33 9.00% 12.71% 34 9.15% 3 77°% h 12.92% 35 9.29% 3$ lam 13.12% 36 9.44% 3 9°t 13.33% 37 9.60%gb Q 13.56% 38 9.76% 13.79% 39 9.94% 41QI 14.04/° 40 10.13% r„ 8° r - 14.31%. 41 10.31% 425 l z 14.56% 42 10.53% 4`34 14.87% 43 10.71% 4 4 15.13% 44 10.82%' 15.28% 45 10.84% 44 15.31% 46 10.77% 4 4 15.21%. 47 10.56% 4_ 14.92% 48 11.01o% o 15.55% 49 11.51% 5%W- 1_' 16.26% 50 11.51%75 r 16.26% 51 11.51% 4 16.26% 52 11.51% 47 16.26% 53 11.51% 455 16.26% 54 11.51% 16.26% 55 11.51% 475=. , 16.26% 56 11.51% 16.26% 57 11.51% a ,° , .° y 16.26% 58 11.51/oo i 16.26/° 59 11.51% 4;75°Ing 16.26% 6011.51%16.26% RATES THAT HAVE CHANGED FOR 2009-2010 5afety Rates(Tier C)enhanced F 7-1-09 Exhibit F(2) 12