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HomeMy WebLinkAboutCity Council Resolution 2018-385 C ITY OF P LYMOUTH R ESOLUTION N O. 2018-385 R ESOLUTION R ATIFYING B ENEFIT L EVELS FOR P LYMOUTH F IRE R ELIEF A SSOCIATION AND M UNICIPAL A LLOCATION OF F IRE S TATE A ID WHEREAS, the City of Plymouth and the Plymouth Fire Relief Association wish to stipulate to certain agreements; and WHEREAS, the City of Plymouth and the Plymouth Fire Relief Association intend to jointly seek to support state legislation to allow municipalities with “combination” fire departments to retain a portion of the fire state aid that now is required to be transferred in full to the relief association to pay employer contributions to PERA on behalf of the municipality’s career (full-time) firefighters; and WHEREAS, the Plymouth Fire Relief Association is the beneficiary of special state legislation adopted in 2018 that allows the annual pension benefit to be increased to a maximum of $12,500. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that; 1. The City Council ratified pension amount shall increase on July 1 each year, following a confirmation vote by the Plymouth Fire Relief Association, according to the following schedule: July 1, 2019: $10,500 per year of service July 1, 2020: $11,000 per year of service July 1, 2021: $11,500 per year of service July 1, 2022: $12,000 per year of service July 1, 2023: $12,500 per year of service 2. An allocation of State Fire Aid to the City of Plymouth, to be used for municipal contributions made to the Public Employees Retirement Association on behalf of Full-Time Firefighters shall be made in an amount to be calculated as follows: Fire State Aid less $6,676 per PFRA member receiving service credit for any portion of that calendar year, adjusted by annual growth in State Fire Aid. The remaining balance of State Fire Aid shall be directed to the Plymouth Fire Relief Association, as well as all supplemental fire aid from the State of Minnesota. 3. This agreement in its entirety shall be null and void if legislation authorizing a municipal allocation of fire state aid is not secured and signed into law prior to June 30, 2019. APPROVED by the City Council on this 11th day of December, 2018.