Memo- Fire Relief Association Benefit IncreaseMemorandum
To: Mayor and City Council Members
Copy: Steve Mielke, City Manger
From: Terry Obermaier
Date: August 26, 1998
Subject: Fire Relief Association Benefit Increase
City Clerk
On .August 4, 1998, at the regular City Council Meeting, Council approved an
increase in Fire Relief Assoc. pension benefits by motion. The Assoc. is required to
file a report with the Minnesota State Auditor. A resolution approving the increase
is required. Resolution 98 -56 will allow the Association to meet those
requirements.
Staff recommends a motion to adopt Resolution 98 -056, approving an increase in
the Fire Relief Pension.
WHEREAS, The Hopkins City Council has, in the past, approved the concept
of annually considering an inflationary increase to the City's pension contribution to
the Fire Relief Association, and;
WHEREAS, increased benefits will entice firefighters to stay with the
department longer and;
WHEREAS, the Relief Association has conducted an analysis of its current
funding and has determined that a benefit increase of $350.00 per year of service
would be allowable and still stay within financial guidelines
NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins,
Minnesota, approves an increase in the pension for the Fire Relief Association of
Hopkins from $3,750 per year of service to $4,100 per year of service beginning
January 1, 1999.
Adopted by the City Council of the City of Hopkins this first day of September,
1998.
ATTEST:
Terry Obermaier, City Clerk
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 98 -056
RESOLUTION APPROVING AN INCREASE
IN THE FIRE RELIEF PENSION
By
Charles D. Redepenning, Mayor