1. Employee Compensation Spending
Growth of 23 Percent Unusual Features
Planned spending on Employee Compensation
Pensions
Fiscal year 2009 – 2010 to 2012 - 2013
One of only three states to allow OT
$20,000
Among only 4% of systems with member
contributions in the 1-3% range
$18,000
Lower retirement ages; high disability
$16,000 Pensions rates
$14,000
Health
Health Insurance
millions of dollars
$12,000
Insurance Only 5 other states pay any of Medicare
$10,000 Part B premiums for retirees – Only NY
pays 100%
$8,000 Salaries &
wages NYS retirees pay 10 and 25% of
$6,000
premiums for single & family coverage;
$4,000 public sector norm is 50% for both
$2,000 Salaries and Wages
$0 Wage increases of 3-4% through 2011
2009-10 2012-13
Source: New York State Division of Budget, 2009-10 Financial Plan: First Source: New York State Division of Budget
Quarterly Update, July 30, 2009
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