Date Requested:February 14, 2008
Time Requested:05:22 PM
Agency: Personnel, Division of
CBD Number: Version: Bill Number: Resolution Number:
2008R2241 Introduced HB4580
CBD Subject: PEARL HARBOR DAY A STATE HOLIDAY
FUND(S)
All
Sources of Revenue
General Fund,Special Fund,Other Fund Federal, State road, etc.
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    The proposed legislation will increase the cost of state government by providing an additional paid holiday for state government employees; that is employees will be paid for a day for which no services will be rendered to state government.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2008
Increase/Decrease
(use"-")
2009
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 6,277,854 6,277,854
Personal Services 0 5,225,014 5,225,014
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 1,052,840 1,052,840
2. Estimated Total Revenues 0 0 0
3. Explanation of above estimates (including long-range effect):
     This estimate is based on the following.
    
     One day of pay is calculated by dividing the total annual personal services for all filled positions by the 260 days for which employees are paid annually: $1,358,503,563 / 260 = $5,225,014.
    
     Benefits (shown as “other” in the detail) are calculated at 20.15% and include retirement at 10.5%, FICA at 7.65%, and workers compensation at 2%: $5,225,014 x 20.15% = $1,052,840.
    
     Retirement benefits are calculated using the rate for the Public Employees Retirement System, although the estimate includes employees of the Higher Education Policy Commission, the Council for Community and Technical College Education, State Police, etc.
    
     The estimate does not include the potential cost for agencies who have 24/7 operations and may pay a premium to employees who work on a paid holiday in lieu of giving those employees an alternate day off with pay. Typically employees are paid double if they work on paid holidays and are not given an alternate day off with pay. That is, they are paid once for the holiday at the daily rate of pay and once again at the daily rate of pay for working on a non-work day.
    
     The estimate does not include a projection of an increase in personal services for FY 2009 or subsequent years.
    
     This increase would not be effective until fiscal year 2009.
    


Memorandum
Person submitting Fiscal Note:
Tari McClintock Crouse
Email Address:
tari.m.crouse@wv.gov