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Agreement with POA, SAMA, and SEIU Contd. <br />November 20, 2006 <br />Page 2 of 2 <br />BENEFIT POA SAMA SEIU <br />Dental January 1, 2010: $10/ January 1, 2009: $10/ Same as SAMA <br />Premium month increase per month increase per <br />Contributions employee during term employee during term <br /> of agreement of agreement <br />Retiree Fiscal Year 2008-09: Fiscal Year 2008-09: Same as SAMA <br />Health Increase of .250 of Increase of .400 of <br />Subsidy annual bargaining unit annual bargaining unit <br /> payroll, including payroll, including <br /> premiums (excluding premiums (excluding <br /> overtime) during term overtime); <br /> of agreement Fiscal Year 2009-10: <br /> Increase of .350 of <br /> annual bargaining unit <br /> payroll, including <br /> premiums (excluding <br /> overtime) <br />Ca1PERS Union/Association Same as POA Same as POA <br />Retirement Contribution: <br />Formula July 1, 2007 = 2.0% <br /> July 1, 2008 = Add'1 <br /> 2.0% (total of 4%) <br /> July 1, 2009 = Add'1 <br /> 2.3% (total of 6.30) <br /> Amend Ca1PERS contract <br /> for new retirement <br /> formula, effective <br /> January 1, 2009 <br />FISCAL IMPACT <br />Funds are available in the affected departmental accounts: Salary <br />account (Object Code 6111) and Benefits account (Object code 6171). <br />Estimated total cost for the first year of the Agreement is $184,680. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~~LEnrique J. Alva <br />,© Executive Director <br />Personnel Services Department <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25J-2 <br />