HomeMy WebLinkAboutCity Council Resolution 1993-780CITY OF PLYMOUTH
RESOLUTION NO. 93-780
WHEREAS, officers of the Plymouth Volunteer Firefighters' Relief Association
have approached the City Council for revisions in the lump sum pension benefit available
to Plymouth Volunteer Firefighters; and
WHEREAS, the Relief Association has proposed revisions to the increases in the
lump sum benefit to $3,500 per year of service effective January 1, 1994, $3,750 effective
January 1, 1995 and $4,000 effective January 1, 1996 per Minnesota Statute 424.02,
Subdivision 3 payable on retirement after attainment of age 50, and completion of 20
years active service in the Plymouth Volunteer Fire Department; and
WHERE, the City Manager recommends that the lump sum pension be approved
for 1994 with an annual review be conducted before enacting the 1995 and 1996
increases proposed.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF PLYMOUTH, that the request of the Plymouth Firefighters' Relief
Association for an increase in the lump sum pension benefit from $3,000 per year of
service to $3,500 per year of service effective January 1, 1994, $3,750 effective January
1, 1995 and $4,000 effective January 1, 1996; upon retirement after attainment of age 50,
and completion of 20 years of active duty service, is hereby approved and ratified with
1995 and 1996 increases subject to annual Council review.
Adopted by the City Council on December 6.. 1993.