Savings, and the answers to other FAQs, for
the temporary FY09 salary freeze for State of Vermont exempt employees over $60,000:
Executive Branch Alone:
Ø Approx. $1 Million in Savings
Ø 871,000
+ $92,600 (If
elected officers—whose salaries are set in statute—participate)
= $963,600
Ø
There are currently 359 exempt employees
(those not covered by the Union contract) in the Executive Branch earning more
than $60,000/yr.
Ø There
are currently 1,013 classified employees (covered by the Union contract) in the
Executive Branch earning more than $60,000/yr. Due to labor agreements,
this freeze does not apply to these employees.
Savings if Other Branches
Participate:
Ø Judicial
-- $313,600 (95 exempt employees earning more than $60,000/yr, including
judges)
Ø Legislative
-- $78,962 (31 exempt employees earning more than $60,000/yr., excluding the General
Assembly.)
Total FY09 Savings if all Branches Participate:
Ø $1,356,162