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Estimated Savings <br /> (000's) <br /> Fire Safety Formula <br /> _ 2%@50 <br /> 1. City pays member contributions and <br /> includes in PERSable wages <br /> • Tier 2 Savings 3.4% <br /> 2. City pay member contribution for Tier I <br /> and Tier 2 as in slide 20 <br /> • Tier 2 Savings (2011/12) 11.1% <br /> • Tier 1 Savingsjt011/12L 8.8% <br /> 3. City pays EPMC for Tier 1 as in slide 20, <br /> no EPMC for Tier 2 <br /> • Tier 2 Savings (2011/12) 14.5% <br /> • Tier 1 Savings ( 011/12) 8.8% <br /> 4. City does not pay EPMC for either Tier 1 <br /> or Tier 2 <br /> • Tier 2 Savings 14.5% <br /> • Tier 1 Savings_ 12.7% <br /> October 4.2011 19 <br /> Estimated Savings <br /> (000's) <br /> Fire <br /> Member Contribution <br /> Projected City <br /> Year City Rate EE Paid City Paid Total Savin!s <br /> 2011/12 MOU 31.9% 0.0% 9.0% 9.0% n/a <br /> 2011/12 Budget 31.9% 6.1% 2.9% 9.0% 6.1% <br /> 2012/13 32.5% 6.7% 2.3% 9.0% 6.7% <br /> 2013/14 32.7% 6.9% 2.1% 9.0% 6.9% <br /> 2014/15 32.9% 7.1% 1.9% 9.0% 7.1% <br /> 2015/16 33.1% 7.3% 1.7% 9.0% 7.3% <br /> 2016/17 33.3% 7.6% 1.4%1 9.0% 7.6% <br /> 2017/18 33.5% 7.7% 1.3% 9.0% 7.7% <br /> 2018/19 33.7% 7.9% 1.1% 9.0% 7.9% <br /> 2019/20 33.8% 8.1% 0.9% 9.0% 8.1% <br /> 2021/22 34.0% 8.2% 0.8% 9.0% 8.2% <br /> October 4.2011 20 <br />