HomeMy WebLinkAboutResolution 98-04RESOLUTION NO. 98-04
RESOLUTION APPROVING THE ADOPTION OF SPECIAL LEGISLATION
ESTABLISHING THE BOARD OF TRUSTEES AND
A DEFINED CONTRIBUTION PENSION PLAN
WHEREAS, the City Council of the City of Columbia Heights established a committee of the Council to meet with the
Board of Examiners of the Volunteer Fire Relief Association to review pension by-laws and Board of Trustee concerns,
and
WHEREAS, k was the joint recommendation of this group to adopt new by-laws which comply with State requirements,
and
WHEREAS, it was the joint recommendation of this group that the new by-laws provide for a defined contribution
pension plan, and
WHEREAS, k was the joim recommendation of this group to support new State legislation allowing the Columbia
Heights Fire Department Volunteer Relief Association to be governed by a Board of Trustees as defined under Minn. State
Stat. $317A and $424A as well as other laws applicable to volunteer fire department relief assodations, and
WHEREAS, it was the joint recommendation of this group for new legislation to provide for by-laws that provide that
future benefits payable to any member of the Association are a defined contribution lump sum service pension under
Minnesota statutes,
NOW, THEREFORE, BE 1T RESOLVED by the City Council of the City of Columbia Heights that the City Council
will support a bill for an act to implement these changes.
Passed this 12~h day of January, 1998
Offered by: Jolly
Seconded by: Szurek
Roll Call: All ayes
Gary Petenon, Mayor Pro-Tem
(-~-Anne Student, Coun~retary