HomeMy WebLinkAbout2024-131CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2024-131
A RESOLUTION OPTING TO INCREASE THE BENEFIT LEVEL FOR
FIREFIGHTERS WHO ARE VESTED IN THE STATEWIDE VOLUNTEER
FIREFIGHTER PLAN
WHEREAS: The City previously authorized the fire department to join the
Statewide Volunteer Firefighter Plan administered by the Public Employees Retirement
Association (PERA); and
WHEREAS: The City requested and obtained a cost analysis of increasing the
benefit level for firefighters who are vested in the Statewide Volunteer Firefighter Plan
from PERA not more than 120 days ago; and
WHEREAS: The City understands that Minnesota statutes do not have provisions
for a decrease in benefit levels; and
WHEREAS: The City highly values the contributions of City Fire Department
members to the safety and well being of our community and wishes to safeguard their
pension investments in a prudent manner.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Lake Elmo, Minnesota:
1) The City hereby approves an increase in the benefit level for firefighters
who have completed at least 5 years of good time service credit as a
member of the Statewide Volunteer Firefighter Plan administered by
PERA at the $8,000.00 benefit level per year of service, effective January
1, 2025; and
2) The City Clerk/Administrator and Mayor are hereby authorized to execute
all documents necessary to effectuate the intent of this resolution.
APPROVED by the Lake Elmo City Council on this 3`d day of December, 20 4.
By:
Charles Cadenhead
Mayor
ATTEST:
Jule J nson, Ci Clerk