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7.2.A. - Page 2 <br /> well as other items related to department operations impacting hours, terms and <br /> conditions of employment. All terms are shown in the attached Tentative Agreement <br /> and the economic changes contained within the agreement are summarized below. <br /> Salary and Retirement Contributions <br /> As mentioned above, the City has recently negotiated agreements with various labor <br /> groups to increase employees' share of pension costs by picking up a portion of the <br /> City's rate, in addition to the standard employee contributions. When fully implemented, <br /> these cost -share agreements will result in a total pension contribution by employees <br /> ranging from 13% to 20% of salary, depending on the group. The new agreement with <br /> IAFF will raise the total employee share from 9% to 16% of salary over the course of <br /> four years. The comparison of total cost -share percentages by group, which are being <br /> phased in through 2016, are shown in the table below. <br /> Standard Employee Share Total Employee <br /> Employee Share of City Cost Share <br /> Executive Mgmt. 8 -9% 12% 20-21% <br /> COA (Fire Mgmt.) 9% 10% 19% <br /> IAFF 9% 7% 16% <br /> POA (Police) 9% 7% 16% <br /> PSA (Police Mgmt.) 9% 7% 16% <br /> RCMEA (Mid - Mgmt.) 8% 7% 15% <br /> SEIU 8% 5% 13% <br /> The increased pension contributions by IAFF members will be offset by equivalent <br /> salary increases, in addition to a small cost of living increase. The result of this <br /> package is a net salary increase of 5% over the course of four years (starting in January <br /> 2014 when the prior MOU expired), as follows: <br /> Employee Pension <br /> Salary Increase Contribution Increase Net Increase <br /> Year 1 3% 2% 1% <br /> Year 2 3% 2% 1% <br /> Year 3 3% 2% 1% <br /> Year 4 3% 1% 2% <br /> In addition, Fire Captains will receive a 2% equity increase in 2016. The purpose of this <br /> increase is to maintain a sufficient salary differential between Fire Captains and <br /> subordinate Firefighter- Paramedics who received a salary adjustment during the term of <br /> the previous MOU. The Deputy Fire Marshal classification will receive a salary <br /> adjustment of 11.5 %, based on the results of a salary survey of similar positions in <br />