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r'' -'- <br />. y <br />CITY OF LA PORTS <br />INTER-OFFICE MEMORANDUM <br />T0: Jack Owen, City Manager 10-9-85 <br />FROM: Doug de la Morena, Human Resources Manager~`~. <br />SUBJECT: TMRS Cost Analysis - 1986 <br />I have calculated the annual cost of the proposed increase for <br />TMRS concerning updated service credits. The total employed for <br />analysis was 6,925,266. This figure is comprised of FY 1985-86 <br />salary and overtime wages. <br />Present P~.an P~posed Plan <br />14~. 1986 <br />6.84 ($6,139,168) 6.86% ($6,925,266) <br />$419,920 $475,074 <br />$55,154.00 <br />TOTAL INCREASES <br />The recently approved FY 1985-1986 City Budget encompasses this <br />increase from FY 1984-1985. <br />DM/me <br />4' <br />