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LSO outlines state benefits costs: health insurance, PERSI and the role of CEC in compensation
Summary
LSO analysts told JFAC benefits account for about a quarter of personnel costs, health insurance is the largest component, and the Change in Employee Compensation (CEC) process guides salary and benefit changes that feed into program-maintenance budgets.
Frances Lippitt, budget and policy analyst with the Legislative Services Office, summarized how employee benefits fit into Idahos state budget.
Lippitt said benefits currently account for about 26.6% of personnel-cost expenditures and that health insurance comprises nearly half of benefits spending. She explained that variable benefits (employer pension contributions to PERSI, Social Security and Medicare, life…
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