(DES MOINES) - The Iowa Department of Management today released the following costs associated with the collective bargaining proposal put forth by the State Police Officers Council (SPOC). If the SPOC proposal were extended to all state employees, the costs from all funding sources would be as follows:
Overall:
Year 1 (FY`14): $156,974,189 million increase
Year 2 (FY `15): $159,247,448 million increase
Across-the-Board salary increases:
Year 1 (FY`14): $68,872,823 million increase
Year 2 (FY `15): $72,119,828 million increase
Step salary increases (4.5% average salary increase):
Year 1 (FY`14): $47,630,162 million increase
Year 2 (FY `15): $45,340,401 million increase
Benefits (Health care, retirement, etc.)
Year 1 (FY`14): $39,471,204 million increase
Year 2 (FY `15): $41,787,219 million increase
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