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PEP May 2004
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What raises mean for you*


Retroactive Cash** 2% raise
(rate increase)
7/1/04
Total cash
over term
of contract***
Cash as %
over term
of contract
Salary
6/30/02
3% raise
(rate increase)
7/1/03
Cash
payment
Total
retro cash
$20,000 $20,600 $1,000 $1,600 $21,012 $2,612 13.06%
$25,000 $25,750 $1,000 $1,750 $26,265 $3,015 12.06%
$30,000 $30,900 $1,000 $1,900 $31,518 $3,418 11.39%
$35,000 $36,050 $1,000 $2,050 $36,771 $3,821 10.92%
$40,000 $41,200 $1,000 $2,200 $42,024 $4,224 10.56%
$50,000 $51,500 $1,000 $2,500 $52,530 $5,030 10.06%
$60,000 $61,800 $1,000 $2,800 $63,036 $5,836 9.73%
* These figures are before taxes and include all additions to gross. Take-home pay will depend on the individual employee’s situation.
** This includes the $1,000 lump sum and the retroactive rate increase from 7/1/03 (assumes full year).
*** $1,000 + 2 years of raises.

Prepared by the Department of Research and Negotiations, District Council 37,
AFSCME, AFL-CIO, April 27, 2004.

 

 
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