HomeMy WebLinkAboutCity Council Resolution 1998-428CITY OF PLYMOUTH
RESOLUTION 98-428
WHEREAS, the Plymouth Fire Relief Association has requested the City
authorize an increase in the lump sum pension benefit from $4,000 per year of service to
$5,500 per year of service effective August 1, 1998; and
WHEREAS, the State of Minnesota allows fire relief associations to increase their
pension benefits to a set maximum; and
WHEREAS, the maximum allowed under Minnesota State Statute 424A.02 for
1998 is the $5,500 per year of service requested; and
WHEREAS, in 36 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.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF PLYMOUTH, the City Council adopt the resolution authorizing an
increase in the lump sum pension benefit for the Plymouth Fire Relief Association to
$5,500 per year of service effective August 1, 1998.
Adopted by the City Council on July 22, 1998.