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1998-056CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 98-056 RESOLUTION 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 53,750 per year of service to 54,100 per year of service beginning January 1, 1999. Adopted by the City Council of the City of Hopkins this first day of September, 1998. E ATTEST: erry O maier, City Clerk