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RESOLUTION NO. <br />10-044 <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />;OLUTION Authorizing an Amendment to the Retirement Benefit Level for the New Brighton <br />Firefighters' Relief Association Bylaws <br />THE CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTERS' RELIEF ASSOCIATION <br />HAVE HAD DISCUSSIONS ON AN ANNUAL BASIS REGARDING FIREFIGHTER PENSION BENEFITS; <br />EREAS, THE CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTERS' RELIEF ASSOCIATON <br />HAVE DETERMINED THAT THE FUNDING LEVEL SHOULD REMAIN AT A MININUM OF 85%; <br />EREAS, THE FIREFIGHTER'S RELIEF ASSOCIATION IS FUNDED AT 93% FOR 2009 AND WITH A BENEFIT <br />INCREASE OF $100 TO $5,400 PER YEAR OF SERVICE IS PROJECTED TO REMAIN ABOVE 85%; <br />EREAS, THE CITY MANAGER AND THE FIREFIGHTERS' RELIEF ASSOCIATION HAVE AGREED UPON AN <br />INCREASE TO $5,400 PER YEAR OF SERVICE; <br />N THEREFORE BE IT RESOLVED, THE CITY COUNCIL DETERMINES THAT THE RETIREMENT BENEFIT <br />LEVELS FOR FIREFIGHTERS' RELIEF ASSOCIATON BYLAWS BE AMENDED TO $5,400 PER YEAR OF <br />SERVICE FOR 2010. <br />this 27th day of July 2010 <br />C�/J/� <br />1` Daniel A. Maiers; _ <br />r�DirBctoL;:f Finance and Support <br />1 � Sed ices/City Cle?k <br />(SEAL) <br />,r <br />Dave J obsen, Nrayor <br />