Laserfiche WebLink
RESOLUTION NO. <br />12-031 <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />RESOLUTION Authorizing an Amendment to the Retirement Benefit Level for the New Brighton <br />Firefighters' Relief Association Bylaws <br />WHEREAS, 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 101% FOR 2011 AND WITH A BENEFIT <br />INCREASE OF $100 TO $5,700 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 $5,700 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 $5,700 PER YEAR OF <br />SERVICE EFFECTIVE APRIL 11, 2012. <br />this 10`h day of April 2012 <br />Dave Ja6obsen, Mayor <br />Daniel A. Maiers, <br />Director of Finance and Support <br />Services/City Clerk_ - <br />(SEAL) <br />