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Dues Proposal
Ballots to be distributed April
11th
Ballots Due April 25th
To be discussed at
General Membership Meeting
April 23, 2008
2:00 pm, H 507
Treasurer's
Report (9/1/06-8/31/07)
Dues Proposal
Rational for Dues
Proposal:
Projected
Costs and Revenue for Current Year
Revenue Source
5 Year Total Salary
Individual Salary Percent Increase, 5 Year History
Cost History: 5 Year Percentage Increases for NYSUT &
Dental
TREASURERS
REPORT
9/1/06 8/31/07
| Opening Balance: |
|
$ 64,276 |
|
|
Income
|
|
|
|
|
F/T Dues: |
$224,017 |
|
|
Adjunct Dues: |
$ 12,705 |
|
|
Dental Payments (1) |
$ 21,541 |
|
|
Transfer (2): |
$ 57,862 |
|
|
TOTAL
|
|
$380,401 |
|
| Expenditures |
NYSUT/AFT DUES: |
$120,905 |
|
|
Dental: |
$150,300 |
|
|
Stipends (3): |
$ 17,744 |
|
|
Arbitrations: |
$ 1,969 |
|
|
Miscellaneous (4): |
$ 7,350 |
|
|
BALANCE AS OF 9/1/07:
|
$ 82,133 |
|
|
|
|
|
| (1) Payments made by faculty carrying
family dental coverage. These payments represent the difference betwwen
individual coverage, which is included in full dues, and the cost of coverage
for family members. |
| (2) Transfer of unexpended Full-time
Health Care Support Fund to General Fund |
| (3) Under the CBA, the Union recieves
a total of nine contact hours of release time for the officers to carry
out their duties. There are five elected officers. Three years
ago,the membership approved the awarding of stipends in the amount of three
contact hours per semester to the officers who could not receive release
time. |
| (4) Including membership meetings
and parties, retiree gifts, stamps, etc. |
OTHER ASSETS:
Certificate of Deposit maturing
in January, 2008 - $52,500
Excluding the one-time transfer,
the Union ran at an operating deficit of $42,527 for the 2006-2007 Academic
Year
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A Proposal to
Change the Dues Structure
Dear Colleagues,
As you know, a recent proposal
to both increase dues and change the dues structure was narrowly defeated
in the Fall of 2007 by a vote of 44 in favor, 53 against. Discussions
in the Executive Committee of your Union led to two conclusions:
1) The proposed restructuring
of the dues was a cause of concern for the membership
2) The low vote count (representing
about one-third of eligible voters) indicated a failure to appraise the
membership of the seriousness of the issue.
The underlying premise of
the original proposal has not changed:
Your Union is operating
on an annual deficit of approximately $55,000 per year!
This deficit arises from paying
premiums on dental insurance!
This is a Union provided benefit
which 86% of the full time faculty utilize (226 out of 262).
Based upon these considerations,
the Executive Committee of the Union has unanimously decided to place the
following options before the membership for a vote:
BALLOT QUESTION:
OPTION 1:
a) Raise full dues (union dues
+ dental) from 1.25% of base salary to 1.55% of base salary
b) Agency Fee rate (dues alone
or no union membership) remains at 0.75%
c) Raise adjunct dues from $35/semester
to $45/semester.
or
Option 2:
a) Cancel dental coverage
b) Agency Fee rate (dues alone
or no union membership) remains at 0.75%
c) Raise adjunct dues from $35/semester
to $45/semester.
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Rational for
Dues Proposal
Projected Revenue and Expenditures
for the Current Year
This proposal is based upon
reviewing the following facts:
Going forward, our dental insurance
contract expires on June first, and a new contract is certain to contain
a per person rate increase. Also, NYSUT has just sent the Union Treasurer
notification that the NYSUT/AFT dues structure is also going up significantly
next year:
| |
Full-Time
|
Adjunct
|
| Current: |
$45.84/month
|
$79.13/year
|
| 2008-09 |
$47.74/month
|
$82.85/year
|
| Percent Change: |
4.14%
|
4.70%
|
This
proposal was arrived at after reviewing the financial information on the
following page. Any differences between the information below and
information previously presented arise from the following:
1) The Administration has
finally given the Union Full Time salary data which was actually due to
us on October 1.
2) With 7 months completed in
our fiscal year, we have a more realistic view of expenditures for the
entire year
The data is also presented in
a way that separates dental costs, and the 0.50% of Full Dues designed
to cover such costs, from other items
Projected 2007-2008 expenses
(less dental)
| NYSUT/AFT Dues (to
rise by ~4.1% next year): |
($130,500) |
| Stipends: |
($ 17,000) |
| Miscellaneous: |
($ 10,000) |
| TOTAL: |
($157,500) |
|
|
| Revenue: |
|
|
|
| Current Dues: |
|
| F/T regular dues at 0.75% of
total salary (1) |
$154,011 |
| Est. Adjunct Dues at $35/semester |
$ 13,000 |
| TOTAL: |
$167,011 |
|
|
| Proposed: |
|
| F/T regular dues at 0.75%(1) |
$154,011 |
| Est. Adjunct Dues at $45/Semester |
$ 16,700 |
| TOTAL: |
$170,711 |
|
|
|
|
| Dental: |
|
| Current Premiums (less family
payments)(2,3) |
$131,000 |
| Dues to dental(4) |
$ 76,000 |
| TOTAL: |
($ 55,000) |
|
|
Proposed:
Increase Full dues with Dental
to 1.55% |
| Estimated dues to dental(5) |
$141,280 |
1) Dues collected based upon a total full time
salary of $20,534,859 for the 2007-2008 academic year.
2) The cost of additional coverage for full
family or individual + one is billed directly to the faculty member by
the Union on a six month basis. The billing represents the actual
cost of this additional coverage. Therefore, the $24,325 billed to
faculty is not included in revenue and the same total is subtracted from
the actual dental premium payments for the purposes of dues calculations.
3) Dental premiums for June, July and August
will be at a new rate which is not presently know, The current premiums
are calculated herein based upon projecting the current monthly premium
payments (less family coverage) over a 12 month period.
4) Actual dues for current year ($230,000
projected on current receipts) minus 0.75% of current total base salary.
5) Method of Estimation: Approximately
86% of F/T faculty are on the dental plan, therefore, dues dedicated to
dental would represent 0.80% (1.55% dues+dental 0.75% dues) of 86% of
total base salary.
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Revenue Source
The majority of Union revenue
comes from full time dues which are a percentage of base payroll. As long-serving
Full Professors retired and are replaced by lower paid new Assistant Professors,
this total shifts drastically on an annual basis, despite the fact that
individual salaries increase each year.
Presently, 31% of faculty
are age 60 or older, 15% are age 65 or older
|
TOTAL
SALARY
|
|
Year
|
Total Base Salary
|
% Change
|
Tenured/Non-Ten. (%)
|
|
2003-04
|
$18,521,703
|
+5.77%
|
124/132 (48.4%)
|
|
2004-05
|
$19,032,729
|
+2.83%
|
143/117 (55%)
|
|
2005-06
|
$19,478,860(1)
|
+2.29%
|
154/101 (60.4%)
|
|
2006-07
|
$18,385,683
|
-5.95%
|
148/112 (56.9%)
|
|
2007-08
|
$20,534,859
|
+11.69
|
|
|
Net Change, 2003-08
|
+10.87%
|
|
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INDIVIDUAL
SALARY INCREASES
|
| |
Year
|
Raise
|
|
| |
2003-04
|
4.55%*
|
|
| |
2004-05
|
4.00%
|
|
| |
2005-06
|
4.00%
|
|
| |
2006-07
|
4.00%
|
|
| |
2007-08
|
4.00%
|
|
|
Net Change, 2003-07
|
22.31%
|
|
*Including parity adjustment
won with respect to CW Post Faculty
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Cost
History
| |
Year
|
Percentage Increase
|
|
| |
|
NYSUT
|
Dental
|
|
| |
2003-2004
|
3.68%
|
-21.4%(1)
|
|
| |
2004-2005
|
3.55%
|
0%(1)
|
|
| |
2005-2006
|
3.91%
|
8.56%
|
|
| |
2006-2007
|
4.55%
|
7.53%
|
|
| |
2007-2008
|
4.14%
|
11.9%(2)
|
|
|
Cumulative Increase
|
+21.46%
|
+2.3%
|
|
(1) A two year contract was signed with Aetna,
a new carrier, providing savings over Horizon.
(2) Also a two year contract
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