Relief Association Benefit Discussion
Memorandum
Honorable Mayor and City Council
To:
Mike Mornson City Manager
CC:
Chief Dale Specken,
From:
9/4/2015
Date:
Relief Association Benefit Discussion
Re:
The Firefighter Relief Association (the “Association”) is part of a step program to
reach the State maximum benefits and pensions. The Relief Association is
reviewing the yearly pension amount and is proposing to increase the annual benefit
level for 2017. The benefit level is currently at $7,200 and the State maximum
benefit amount is $8,400. There has not been an increase since 2005 and currently
the City contributes 2% towards the pension. With the benefit level increase in
2017, the Association is proposing that the City contribution would increase to 3%.
Members of the Association will be attending the September 8, 2015 meeting to
provide more information about the role of the Association, their investments, the
City’s obligations and the state laws that affect the Association.
Formal City Council action is required to change the yearly pension amount and an
amendment to the Firefighters Relief Association Bylaws regarding the pension
increase.
We will be happy to answer any questions you may have at the September 8
meeting. Thank you.
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