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RESOLUTION NO. <br />07-027 <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />Authorizing an Amendment to the Retirement Benefit Level for the Firefighter's Relief <br />n Bylaws <br />THE CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTER' S RELIEF ASSOCIATION <br />HAVE HAD DISCUSSIONS ON AN ANNUAL BASIS REGARDING FIREFIGHTER PENSION BENEFITS; <br />EAS, T~ CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTER' S RELIEF ASSOCIATON <br />VE DETERMINED THAT THE FUNDING LEVEL SHOULD REMAIN AT A MININUM OF 85%; <br />THE FIREFIGHTER'S RELIEF ASSOCIATION IS FUNDED AT 107.9% FOR 200E AND WITH A BENEFIT <br />3E OF $300 TO $5,100 PER YEAR OF SERVICE IS PROJECTED TO EXCEED 100%; <br />EREAS, THE CITY MANAGER, FINANCE DIRECTOR AND THE FIREFIGHTER' S RELIEF ASSOCIATION HAVE <br />AGREED UPON AN INCREASE TO $5,100 PER YEAR OF SERVICE; <br />~V THEREFORE BE IT RESOLVED, THE CITY COUNCIL DETERMINES THAT THE RETIREMENT BENEFIT <br />LEVELS FOR FIREFIGHTER'S RELIEF ASSOCIATON BYLAWS BE AMENDED TQ $5,100 PER YEAR OF <br />SERVICE FOR 2007. <br />this 24th day of April, 2007 <br />ST: -- <br />f G~~.~- <br />I:~ ani~1 A. Maiers, ~. <br />irector of Fir~nc~ and Support <br />Services/City Cle3~c <br /> <br />Steve Larson, Mayor <br />_ - -~ <br />Dean R. Lotter, CitydVIanager <br />r. <br />I:\GOUNGILIRESOLU71DNS12g07\Public Safety\FireReliefResalution.dac <br />