Advertisement

County is proposing bonuses for workers

June 01, 1999|By SCOTT BUTKI

Washington County's 538 full-time employees would each get a $1,000 bonus under a plan considered by the County Commissioners Tuesday.

The $538,00 cost for the one-time bonus would come from a portion of the $1 million designated as the fiscal 1999 grant to the employee pension plan, Human Resources Director Alan J. Davis said. The remaining money would go to the pension plan.

Commissioner Paul L. Swartz suggested a $1,250 bonus, which would cost more than $600,000.

The bonus will not go to Board of Education employees.

The commissioners wanted to consider the matter for a week before taking a vote.

The county has some great employees, Commissioner Bert Iseminger said.

"This is a way to show our appreciation and it's fiscally doable," he said.

The county has overfunded the pension plan in recent years, due to high investment returns, and could use that money to pay for the bonus, Davis said.

Advertisement

The county's retirement actuaries support using the county's annual payment to the Maryland State Pension and Retirement System for this purpose, Davis said.

Instead of a Davis proposal earlier this year for an 8 percent raise for all employees, the commissioners gave county employees about a 5 percent pay hike for fiscal 2000, he said. The fiscal year begins July 1.

But when some changes in employees benefits are taken into consideration, the average employee will only realize a 1 percent to 3 percent gain, Davis said.

The Herald-Mail Articles
|
|
|