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<br />SVF PERA fees are $60 per firefighter per year (includes active and deferred firefighters) and <br />investment fees: $0.06 per $1,000 invested (6/10ths of 1%). These fees are calculated annually and <br />are withdrawn from the department’s pension assets. <br /> <br />OPTION: <br />1) Approve the resolution. <br />2) Amend and then approve the resolution <br /> <br />RECOMMENDATION: <br />“Motion to approve Resolution No 2024-131, A Resolution opting to increase the benefit level for <br />firefighters who are vested in the Statewide Volunteer Firefighter Plan to $8,000 per year of service” <br />