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Estimated Savings <br /> (000's) <br /> Police Safety Formula <br /> 2%*50 <br /> 1. City pays member contributions and <br /> includes in PERSable wages <br /> • Tier 2 Savin_gs 4.4% -_ <br /> 2. City pay member contribution for Tier 1 <br /> and Tier 2 as in the next slide <br /> • Tier 2 Savings (2011/12) 10.3% <br /> • Tier 1 Savings (2011/12) 5.9% <br /> 3. City pays EPMC for Tier 1 as in the next <br /> slide, no EPMC for Tier 2 <br /> • Tier 2 Savings (2011/12) 16.4% <br /> • Tier 1 Savings_2011/12)_ 5.9/0 <br /> m, •' :..cam <br /> Aug°cl 1 I,2011 11 <br /> Estimated Savings <br /> (000's) <br /> Police <br /> Member Contribution <br /> Projected City <br /> Year City Rate EE Paid City Paid Total Savings <br /> 2011/12 MOU 24.1% 0.0% 9.0% 9.0% n/a <br /> 2011/12 Budget 24.1% 4.3% 4.7% 9.0% 4.3% <br /> 2012/13 24.9% 5.1% 3.9% 9.0% 5.1% <br /> 2013/14 25.2% 5.4% 3.6% 9.0% 5.4% <br /> 2014/15 25.6% 5.7% 3.3% 9.0% 5.7% <br /> 2015/16 25.9% 6.1% 2.9% 9.0% 6.1% <br /> 2016/17 26.2% 6.4% 2.6% 9.0% 6.4% <br /> 2017/18 26.5% 6.7% 2.3% 9.0% 6.7% <br /> 2018/19 26.7% 6.9% 2.1% 9.0% 6.9% <br /> 2019/20 27.0% 7.2% 1.8% 9.0% 7.2% <br /> 2021/22 27.2% 7.4% 1.6%j 9.0% 7.4% <br /> August ll,2011 12 '^°`� •'�` <br />