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HomeMy WebLinkAboutResolution 88-77RESOLUTION 88- 77 BEING A RESOLUTION AUTHORIZING PARTICIPATION IN A JOINT STUDY OF POLICE AND PAID FIRE RELIEF ASSOCIATIONS AND VOICING OPPOSITION TO A "13TH CHECK" OR DOUBLE COLA PROVISION WHEREAS, the Minnesota Police Pension Council is pursuing enactment of a "t3th Check" or a Double COLA Provision for present retirees during the 1989 Legislative Session, and, WHEREAS, a majority of the twenty-seven different cities having local Police and/or Paid Fire Relief Associations have expressed concern regarding the financial implications of such a benefit, and, WHEREAS, the City of Columbia Heights is faced with the burgeoning costs of underwriting the existing Police and Paid Fire Relief Association Pension Programs, and, WHEREAS, the provision of a "13th Check" or a Double COLA benefit would have further negative impact upon the City's financing of relief association retiree benefits, and, WHEREAS, the City of Columbia Heights has an opportunity to participate. with other affected cities in the pursuit of a financial analysis of selected relief association pension programs, and, WHEREAS, the League of Minnesota Cities will coordinate a lobbying effort in opposition to a "13th Check" or Double COLA Provision, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Columbia Heights that the City Manager is hereby authorized to remit $2,500 from the General Fund - Contingency Fund as its share of cost to participate in a joint study of selected relief association pension programs, and, BE IT FURTHER RESOLVED that the City Manager is authorized to voice opposition to a "13th Check" or Double COLA Pension Benefit as may be considered by the 1989 Legislature. Passed this ]4th day of November , 1988. Offered by: Petkoff Seconded by: Pau]son Roll Call: AIl ayes -Anne Student, Co6ncil Secretary Dale V. Hadtrath, Mayor