State workers’ pay raise kicks in
| By Dan Boyd, Albuquerque Journal, N.M. | |
| McClatchy-Tribune Information Services |
However, top-ranking officials in
"There's going to be some people who get significant bumps, but there's also going to be a lot of people who get pretty nominal raises," said
"We want people to have realistic expectations of what they'll be getting," said Risk Management Director
In addition, a small number of employees could actually see a dip in their take-home pay, because their salary increases will bump them into a higher pay bracket that requires workers to pay more money toward health premiums.
Those eligible for the pay raises are union-covered workers who were already employed with the state in 2008, when the raises were negotiated in collective bargaining agreements with the administration of former Gov.
Affected employees were to have received raises ranging from about 3 percent to 5.5 percent starting in mid-2008. Instead, they received raises of 2.9 percent.
The pay raises are the first part in a two-part approach to workers' back pay, which was ordered by the state
Several state agencies have spent months calculating the pay raises for union-covered workers, which will cost the state an estimated
Although Martinez administration officials said Thursday that they are confident the pay raise calculations are accurate, union leaders have raised concerns that computer errors could lead to some workers being shorted.
"We think the methodology is sound, but if you put the wrong numbers in, you get the wrong numbers out," said
He said he believes most affected employees will receive the correct raise, but he added that AFSCME is trying to persuade the
The agency has set up a website for employees to check whether they are eligible for the raises -- it's at www.spo. state.nm.us -- and submit a form if they think they should have received a raise and did not get one.
In all, last year's
In addition to the raises reflected in employee paychecks starting today, most state workers will get an additional 3 percent pay hike starting
___
(c)2014 the Albuquerque Journal (Albuquerque, N.M.)
Visit the Albuquerque Journal (Albuquerque, N.M.) at www.abqjournal.com
Distributed by MCT Information Services
| Wordcount: | 583 |



Advisor News
- Business owners may be overlooking a key part of their financial picture
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
- Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity NewsHealth/Employee Benefits News
- Final rules for Medicaid work requirements are out. Here's what you need to know.
- As Affordable Care Act premiums skyrocket, catastrophic coverage is having a moment (copy)
- Report Summarizes Geriatrics and Gerontology Study Findings from National Center for Geriatrics and Gerontology (Multi-domain Functional Dispersion and Disability-Free Survival among Community-Dwelling Older Adults: An Exploratory Study): Aging Research – Geriatrics and Gerontology
- Findings from Brown University in Managed Care Reported (Third-Party Convener Firms And The Rise Of Geographically Dispersed, High-Earning Medicare ACOs): Managed Care
- Findings from Arnot Ogden Medical Center Broaden Understanding of Diabetic Ketoacidosis (Diabetic Ketoacidosis From Health Insurance-Requested Non-medical Switching): Nutritional and Metabolic Diseases and Conditions – Diabetic Ketoacidosis
More Health/Employee Benefits NewsLife Insurance News
- Lobbyist argues Iowa insurance regulator gives too much voice to Wall Street
- Appeals court rejects investor payouts in latest decision against STOLI
- Why premium-financed IUL is failing
- AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
More Life Insurance News