Template revised September 22, 2016. COMMISSION AGENDA MEMORANDUM Item No. June 13 , Additional cost over term: 814,767 EXECUTIVE SUMMARY JUSTIFICATION SCOPE OF AGREEMENT Term of the Agreement arch 15 , 2016, through arch 14 , 2019. ��COMMISSION AGENDA Action Item No. Page of Template revised September 22, 2016; format updates October 19, 2016. FINANCIAL IMPLICATIONS Wages Effective March 15 this collective bargaining agreement shall provide the following wage scale: $18.50 at entry through $24.00 after six years. Wages will be adjusted by 3% on 3/15/17 and by 100% of the 2017 CPI U ann ual average (0 6%) on March 15, 2018. Effective September 15, 2016, RCF Bus Drivers will receive a $2.00 per hour premium for baggage handling for hours worked. Benefits The employees are currently on Teamsters Plan A for health care, a 90/10 plan. Eff ective the month following execution of this agreement, the employees will move to Teamsters Plan B, an 80/20 plan. The employees will receive a temporary reprieve from a premium share until January of 2019 and the Port will begin contributing to the Team sters 9 month Disability Waiver in exchange for moving to the less expensive medical plan. Leave While employees accrue Paid Time Off (PTO), they do not currently have sick leave or extended illness leave. This agreement provides employees up to 24 hours of Extended Illness Leave per year. The agreement also incorporates the Port’s Paid Parental Leave benefit. umulative C ost Impact $ Year 1 Year 2 Year 3 Labor 161,122 $348,066 386,908 Benefits 46,070 $10,811 Total $161,122 301,996 351,649 Annual Budget Status and Source of Funds RCF Customer Facility Charges (CFC) , 2017, 2018 and 2019, and future operating budgets of the Rental Car Facility Transit Operations ATTACHMENTS TO THIS REQUEST PREVIOUS COMMISSION ACTIONS OR BRIEFINGS None