Retroactive-pay-presentation (VI Div. of Personnel_Kenneth Hermon)

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    The Process Act 6984 established the Retroactive Wage Commission Mission: Ascertain value of retroactive wages owed to Executive Branch

    Unionized workers

    Gathered historic Collective Bargaining Agreements and

    associated pay plans 43 contracts with 87 associated pay plans

    Covering 13 years from 1989 to 2002

    Hired retirees with 150 combined yrs. of GVI HR experience

    Reviewed 21,000+ Personnel Files

    Physically touching 1.6 Million documents Created 10,718+ individual excel spreadsheets

    Dept. of Finance Team reviewed time and attendance records for10,718+ employees

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    The FindingsSTATUS NO. OF ELIGIBLE TOTAL OWED AVERAGE

    Retirees 4,375 $ 104,315,024.87 $ 23,832.54

    Active 4,293 $ 95,378,320.12 $ 22,191.33

    Inactive 1,412 $ 10,698,804.82 $ 7,571.69

    Deceased 638 $ 9,123,425.32 $ 14,300.04

    TOTAL 10,718 $ 219,515,575.13

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    The Findings Cont

    PAYOUT BRACKET

    NO. OF

    EMPLOYEES

    OWED

    GROSS TOTALFORMULA

    PAYMENTBALANCE

    $ 0 - $ 2,500 1,139 $ 1,541,137.87 $ 256,599.45 $ 1,284,538.41$ 2,501 - $ 5,000 1,054 $ 3,923,974.62 $ 653,341.77 $ 3,270,632.85

    $ 5,001 - $ 10,000 1,599 $ 11,755,665.14 $ 1,957,318.25 $ 9,798,346.89

    $ 10,001 - $ 25,000 3,556 $ 60,663,605.50 $ 10,100,490.32 $ 50,563,115.18

    $ 25,001 - $ 50,000 2,573 $ 92,650,476.43 $ 15,426,304.33 $ 77,224,172.10

    $ 50,001 - $ 75,000 714 $ 40,835,251.81 $ 6,799,069.43 $ 34,036,182.38

    $ 75,001 - $ 100,000 58 $ 4,970,385.00 $ 827,569.10 $ 4,142,815.90

    $ 100,000+ 25 $ 3,175,078.77 $ 528,650.62 $ 2,646,428.16

    TOTALS 10,718 $ 219,515,575.13 $ 36,549,343.26 $ 182,966,231.87

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    Check Date?

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    The Findings Cont

    GroupNo. of Employees

    OwedFormula Payment

    Retirees 4,375 $ 17,368,451.64

    Active 4,293 $ 15,880,490.30

    Inactive 1,412 $ 1,781,351.00

    Deceased 638 $ 1,519,050.32

    TOTAL 10,718 $ 36,549,343.26

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    Economic Impact

    $23.5 million in netwages will generate anadditional $13 million of

    economic impact

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    Frequently Asked Question How will the $45 Million from the Insurance Guarantee Fund

    be used? The Retroactive Wage Commission voted unanimously to pay

    an equal percentage of16.7% to all eligible. When will payments occur?

    Payments will be issued on Thursday, October 14, 2010

    How will retirees and inactive employees be paid?

    Retirees and inactive employees checks will be placed in themail by or on October 13, 2010.

    How will active employees be paid?Active employees will be paid in the same manner they are paid

    on a bi-weekly basis.

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    Frequently Asked Question When will I receive a detail summary of my Retroactive wages?

    Summaries will be available online at beta.dopusvi.org if you donthave internet access, you may visit the Division of Personnel in eitherdistrict.

    How will families of deceased employees obtain information? Names of deceased employees will be published on the Division

    website. The survivor's will have to adhere to VI Probate laws.

    Will I be able to challenge the Commissions findings?

    Yes, you would need to make an appointment at the DOP and bringyour supporting documents to the review

    Will my retroactive wages be subject to any Tax Liens or ChildSupport obligations? Yes

    http://www.beta.dopusvi.org/http://www.beta.dopusvi.org/
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    Frequently Asked Question What safe guards are in place for Retroactive data?

    The Division maintains four (4) electronic copies of the master database;the Office of the Governor and Senate President and CollectiveBargaining also were provided electronic copies; two hard copies will be

    printed and maintained in both districts of the DOP; individual detailsheets have been placed in each employees Official Personnel File.

    I receive a Social Security annuity now, will Retro paymentaffect my annuity? No. The Commission held meetings with both the local and Eastern

    Region Social Security Administration offices and will provide them withguidance so that current benefits are not affected.

    When will the next payment be made? Additional payments will be made once the Legislature has identified a

    suitable funding source.