HomeMy WebLinkAboutCity Council Resolution 2006-511CITY OF PLYMOUTH
RESOLUTION No. 2006-511
APPROVING LUMP SUM BENEFIT FOR THE
PLYMOUTH FIRE RELIEF ASSOCIATION
WHEREAS, the Plymouth Fire Relief Association has requested the City
authorize an increase in the lump sum pension benefit from $7,000 per year of service to
$7,500 per year of service effective January 1, 2007; and
WHEREAS, the State of Minnesota allows fire relief associations to increase
their pension benefits to a set maximum; and
WHEREAS, in 43 years as an association, the Plymouth Fire Relief Association
has never been a financial liability to the City of Plymouth; and
WHEREAS, the City Council and City Staff agree the recommended change
would be usefiil as an incentive tool for recruiting new firefighters and retaining existing
firefighter; and
NOW, THEREFORE BE IT RESOLVED TBY THE CITY COUNIL OF
THE CITY OF PLYMOUTH that the City Council adopt the resolution authorizing an
increase in the lump sum pension benefit for the Plymouth Fire Relief Association to
$7,500 per year of service effective January 1, 2007.
Adopted by the City Council on December 12, 2006.