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HomeMy WebLinkAboutResolution 73-12CONCERNING THE AMENDHENT OF THE POLICE AND FIREHEN*$ ASSOCIATION GUIDELINES ACT OF WHEREAS, the City Council of Columbla Heights strongly believes that the cost of financing local police and flremen~s association pension plans will become an Intolerable burden for affected municipalities unless certain actions ~re taken, NOV, THEREFORE, ~E IT RESOLVED by the City Co, nell of the City of Columbta Heights that the City of Columbla Nelghts recommend the Le~tMo~amend the Quidellnes Act of 1~6~ as follows: ~tth respect to those funds In which retirement benefits are based on the salary of active members of the asso¢latlon, atl newly employed pollce and fire personnel should become members of the PERA Potlce and Fire Fund. ~tth respect to the remaining funds~ the placement of newly hired police and firemen should be optional at the discretion of the municipality. Employee contributions should be Increased over not more than ten years until the share of the normal cost of financing the funds !$ ~0 per ~ent employer, qO per cent employee. Until the 60-~0 sharing of cost ls established, the base pay for pension purposes stould be frozen at the current level. In no event should the Legislature retreat from the requirement of funding these plans at the frozen deficit level and in addition, the LeglsIature should as a matter of policy determine that th~ problems assoc!a~ed with these funds (exclusive of f~lng) are a matter of statewide concern. - 2 - In the Interests of equity and uniformity with the =tare funds, the Legislature should provide for refunding employee contributions upon request where the employee terminates employment before qualifying for a penslon. Rembershtp on the managing board of police and flre funds shou!d be changed so as to Include three employee eed two e~ployer representatlves. Offered by~ Heintz Seconded by: Land Roll CalIT All Ayes