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,A Crowe Horwath. Mr. Steven Bocian Page 8 December 2, 2014 Impact(s): 1 No adjustment to CY 2015 projection. Employee Benefits Union Benefits PGS estimated CY 2015 union pension and health and welfare costs by applying a 4.78 percent increase to the approved base year 2014 figure.9 We annualized six months of year-to-date 2014 union pension and health and welfare costs to estimate CY 2014 costs ($1,026,386). We then adjusted this 2014 figure by the 4.78 percent increase noted above, resulting in CY union benefits of$1,075,447. Non-Union Benefits PGS projected CY 2015 non-union SEP pension costs by multiplying projected CY 2015 eligible wages by the CY 2014 4.62 percent SEP contribution ratio. PGS estimated CY 2015 non-union health and welfare costs by applying a four year average increase in health and welfare costs of 5.62 percent increase to the approved base year 2014 figure. We annualized six months of year-to-date 2014 non-union pension costs to estimate CY 2014 costs ($165,600). We then adjusted this 2014 figure by the 4.62 percent increase noted above, resulting in CY non-union pension costs of$173,251. We annualized six months of year-to-date 2014 non-union health and welfare costs to estimate CY 2014 costs ($657,814).We then adjusted this 2014 figure by the average change in PGS health and welfare costs over the past two years (rather than four years)of 4.64 percent, resulting in CY non-union health and welfare costs of$688,337. Total combined union and non-union benefits are$1,937,035. Impact(s): Reduction in CY 2015 expense by$18,711. Postage and Office PGS estimated the figure for CY 2015 by applying the CPI index to the approved base year CY 2014 figure. Impact(s): No adjustment to CY 2015 projection. Fuel and Oil PGS estimated the figure for CY 2015 by applying the CPI index to the approved base year CY 2014 figure. The 4.78 percent figure represents the change in total union pension and health and welfare benefits,actually paid by PGS,from calendar year 2013 to 2014.