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12-09-2024 Council Meeting Agenda Packet
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12-09-2024 Council Meeting Agenda Packet
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12/11/2024 4:45:36 PM
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City Council
Council Document Type
Council Packet
Meeting Date
12/09/2024
Council Meeting Type
Regular
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I/A PERA <br />STATEWIDE VOLUNTARY FIREFIGHTER (SVF) PLAN <br />ALLOCATION PLAN TEMPLATE <br />Your Statewide Volunteer Firefighter (SVF) Plan meets the requirements of a combined fire department as defined in Minn. <br />Stat. 477B.041. As a result, the governing body and fire department are eligible to share fire state aid. The provision is effec- <br />tive for Fire State Aid estimated payable next October. To share state aid, law requires that you have an allocation plan. You <br />may use this completed form as your allocation plan. After it is complete, return it to PERA. <br />1. Municipality: <br />2. Are you a combined department: M Yes O No STOP. If you answered NO, you are NOT eligible to share state aid. <br />Number of Active Firefighters in Police & Fire Plan 2 and SVF Plan 22 as of December 31. <br />3. Distribution method of fire state aid: <br />O Percent of Fire State Aid paid to City % <br />O Dollar amount paid to City $ <br />3 Transfer formula selected: Specify Formula Employer Contributions for firefighters paid proceeding calendar <br />year. <br />4. Length of allocation plan: <br />Start Date 1/1/2025 <br />End Date 12/31/2027 <br />5. Date allocation plan approved by governing body: 12/9/24 <br />6. Notice given to SVF Firefighters: <br />M Yes. Date delivered to SVF Firefighters <br />O Provide a copy of notice to PERA <br />7. Signature of municipal clerk or secretary: <br />Name (please print) <br />re <br />A closer look at your numbers: <br />Here's how we arrived at the amount of state aid you have to share. The law requires the maximum amount of state aid that <br />may be shared is the lessor of these three calculations: <br />1. Employer contributions for fire fighters paid proceeding calendar year .............................. $ 40,369 <br />2. Amount of Fire State Aid estimated due October 1.......................................................... $ 166,316 <br />3. Fire State Aid plus Supplemental Aid less Financial Requirement ..................................... $ 141 ,468 <br />See the email for the explanation of what each of these terms mean. <br />RETURN COMPLETED FORM TO: <br />Email: PERASVF(a)mnpera.org <br />Or mail to: PERA, ATTN: SVF <br />60 Empire Drive, Suite 200, St. Paul, MN 55103-2088 <br />
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