Superintendent Pay Transparency Notice - Proposed Contract
Notice is hereby given that the Board of Education has proposed a
Superintendent employment contract. The estimated costs to the District and
Superintendent if the proposed contract is approved are:
2016 - 2017 (07-01-2016 through 06-30-2017)
Employer
Expense
Description
Salary
Transition Days
FICA - Social Security ($118,500 * 6.2%) Max
FICA - Medicare 1.45% (2.35% >$200,000) EE Only
Retirement - 9.8778% (EE) *101% (ER)
Relocation Expenses
Nebraska Council of School Administrators
Association for Supervision and Curriculum
American Association of School Administrators
Federal Income Tax (estimated)
State Income Tax (estimated)
Long Term Disability Insurance
Health Insurance (projected)
Dental Insurance (projected)
Cost to Employer
$240,000.00
$9,230.70
$7,347.00
$3,613.85
$24,618.51
$10,000.00
$335.00
$239.00
$447.00
$0.00
$0.00
$0.00
$5,699.64
$318.60
$301,849.30
Cost to Employee
Employee
Expense
$0.00
$0.00
-$7,347.00
-$4,056.92
-$24,374.76
$0.00
$0.00
$0.00
$0.00
-$37,500.00
-$12,000.00
-$528.00
$0.00
$0.00
$0.00
-$85,806.68
2017 - 2018 (07-01-2017 through 06-30-2018)
Description
Salary (Estimated)
FICA - Social Security ($118,500 * 6.2%) Max
FICA - Medicare 1.45% (2.35% >$200,000) EE Only
Retirement - 9.8778%
Nebraska Council of School Administrators
Association for Supervision and Curriculum
American Association of School Administrators
Federal Income Tax (estimated)
State Income Tax (estimated)
Long Term Disability Insurance
Health Insurance (projected)
Dental Insurance (projected)
Cost to Employer
Employer
Expense
Employee
Expense
$240,000.00
$7,347.00
$3,480.00
$23,706.72
$335.00
$239.00
$447.00
$0.00
$0.00
$0.00
$5,699.64
$318.60
$281,572.96
$0.00
-$7,347.00
-$3,840.00
-$23,472.00
$0.00
$0.00
$0.00
-$37,500.00
-$12,000.00
-$528.00
$0.00
$0.00
$0.00
Cost to Employee
-$84,687.00
2018 - 2019 (07-01-2018 through 06-30-2019)
Description
Salary (Estimated)
FICA - Social Security ($118,500 * 6.2%) Max
FICA - Medicare 1.45% (2.35% >$200,000) EE Only
Retirement - 9.8778%
Nebraska Council of School Administrators
Association for Supervision and Curriculum
American Association of School Administrators
Federal Income Tax (estimated)
State Income Tax (estimated)
Long Term Disability Insurance
Health Insurance (projected)
Dental Insurance (projected)
Cost to Employer
Cost to Employee
Employer
Expense
Employee
Expense
$240,000.00
$7,347.00
$3,480.00
$23,706.72
$335.00
$239.00
$447.00
$0.00
$0.00
$0.00
$5,699.64
$318.60
$281,572.96
$0.00
-$7,347.00
-$3,840.00
-$23,472.00
$0.00
$0.00
$0.00
-$37,500.00
-$12,000.00
-$528.00
$0.00
$0.00
$0.00
-$84,687.00