HomeMy WebLinkAboutResolution 89-42 RESOLUTION NO. 89 - 42
BEING A RF. gOLUTION RELATING TO VOLUNTEER FIREFIG~TERS' PENSIONS
· WHEREAS, the City Council has obtained and given consideration to an actual
~urvey, which su~ey used the actuarial assumptions D~vided in Minnesota
Statutes, Chap%er 69, and
WHEREAS, ~he City Council has found, based upon such actuarial su~-~ey, that
the incl~ase in benefits to the membe~ of the Col~bia Heights Fiz~ Department
Relief Association, Volunteer Division, and the increase requi~ to fund the
volunteer division special fund shall not cz~ate a deficit in the volunteer
~ivision special fund, the amol~ization of which, together with the amo[~cization
of any existing deficit in the volunteer division special fur%d, exceeds twenty
(20) yea~ from the date such increase in benefits is authorized.
NOW, THEREFORE, BE IT RESOLVED:
1. The City Council approves the changes in benefits as p~posed in
the amended By-Laws of the Columbia Heights Fire DeparTment Relief Association
Volunteer Division as of this date.
Dated this 28th day of August , 1989.
Offez~d by: Petkoff
Rel::x)nded by: Pau 1 son
Call: All ayes
o-ahne S~den~, Council S~cretary
Dale V. Hadtrath, Mayor