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Item 84-218 Fire Department By-LawsHOPKINS FIRE DEPARTMENT 1010 FIRST STREET SOUTH, HOPKINS, MN 55343 PROPOSED AMENDMENT OF BY-LAWS OF THE HOPKINS FIRE DEPARTMENT RELIEF ASSOCIATION, INC. ARTICLE VIII DEATH BENEFITS AND PEN3IONS EMERGENCY 9-1-1 NON-EMERGENCY (612) 938-8885 SECTION 1. DEATH BENEFITS. Upon the death of any member of the association, who is in good standing at the time of his death, the association shall pay to his beneficiary and if nc) beneficiary has been named then such payment would co to his surviving spouse, child or children or estate respectively, the sum of $1700.00 for each year that he served as an active member of the Hopkins VoLAnteer Fire Department. HOPKINS FIRE DEPARTMENT 1010 FIRST STREET SOUTH, HOPKINS, MN 55343 PROPOSED AMENDMENT OF BY -LAWS OF THE HOPKINS FIRE DEPARTMENT RELIEF ASSOCIATION, INC. ARTICLE VIII EMERGENCY 9 -1 -1 NON - EMERGENCY (612) 938 -8885 DEATH BENEFITS AND PENSIONS SECTION 2. SERVICE PENSIONS. The association shall pay to each member, whoshall have served as an active fire fighter in the Hopkins Volunteer Fire Department for a period of 20 years or more prior to his resignation from said fire department, and who has reached the age of 50 years or more, and who has been a member of the association for at least 10 years, the sum of $1700.00 for each year that he served as an active member of the Hopkins Volunteer Fire Department. HOPKINS FIRE DEPARTMENT 1010 FIRST STREET SOUTH, HOPKINS, MN 55343 PROPOSED AMENDMENT OF BY-LAWS OF THE HOPKINS FIRE DEPARTMENT RELIEF ASSuCIATION, INC. ARTICLE VII SICK AND DISABILITY BENEFITS EMERGENCY 9-1-1 NON-EMERGENCY (612) 938-8885 SECTION 1. PERMANENT DISABILITY BENEFITS. If a member of this association shall become totally and permanently disabled, to the extent that a physician or surgeon, acceptable to the board of trustees, shall certify that such disability will permanently prevent said member from performing his duties in the Hopkins Volunteer Fire Department, the association shall pay to such member the sum of $1700.00 for each year that he served as an active member of the Hopkins Volunteer Fire Department. If a member who has received such a disability pension should subsequently recover and return to active duty in the Hopkins Volunteer Fire Departm?nt, any amount paid to as a disability pension, shall be deducted from his service pen.,510n. HOPKINS FIRE DEPARTMENT 1010 FIRST STREET SOUTH, HOPKINS, MN 55343 EMERGENCY 9-1-1 NON-EMERGENCY (612) 938-8885 PROPOSED AMENDMENT OF BY-LAWS OF THE HOPKINS FIRE DEPARTMENT RELIEF ASSOCIATION, INC. ARTICLE VIII DEATH BENEFITS AND PENSIONS SECTION 3. DEFERRED SERVICE PENSIONS. A member of the association who shall have served in the Hopkins Volunteer Fire Depart- ment for at least 20 years, but has not reached the age of 50 years, may retire from said fire department and be placed on the deferred pension roll. When he reaches the age of 50 yrs, and provided that at that time he has been a member of the association for at least 10 years, upon appli- cation therefor he shall be paid the sum of $1700.00 for each year that he served as an active fire fighter in the Hopkins Volunteer Fire Department. During the time that a member is on the deferred pension roll, he shall continue to pay dues, and he will not be eligible to receive any of the benefits provided for in Article VII. During the time that a member is on the deferred pension roll, the association shall add to the amount payable to such member interest, compounded annually, at the rate actually earned on the assets of the Special Fund, but not to exceed the rate specified by :Law. If a member dies while on the deferred pension roll, the total sum applicable at the time of death shall be paid to his named beneficiary and if no beneficiary has been named, then to his surviving spouse, child or children or estate respectively.