HomeMy WebLinkAboutCC RES 91-037 RESOLUTION OF NON-PRECEDENCE FOR EARLY RETIREMENT INCENTIVE FOR CITY OF ST. ANTHONY EMPLOYEES Meeting Sheet
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103632
Box: 26
Folder: RES 1991
Document: CC RES 91-037 RESOLUTION OF NON-PRECEDENCE FOR
EARLY RETIREMENT INCENTIVE FOR CIN OF 5T. ANTHONY
EMPLOYEES
• CITY OF ST. ANTHONY
RESOLUTION 91-037
A RESOLUTION OF NON-PRECEDENCE FOR EARLY RETIREMENT
INCENTIVE FOR CITY OF ST. ANTHONY EMPLOYEES
WHEREAS, the 1991 State Legislature approved an early retirement incentive package for
Public Employees; and
WHEREAS, all Public Employees Retirement Association (P.E.R.A.) pension members
who are age 55 and have completed 25 years of service may retire early; and
WHEREAS, this is a voluntary act for the City of St. Anthony; therefore, a non-precedence
resolution; and
WHEREAS, this resolution is subject to change if the State Legislature modifies the
requirements for early retirement; and
WHEREAS, to qualify the employee must retire between July 1, 1991 and October 1, 1991.
• NOW, THEREFORE, BE IT RESOLVED, that
1) the City of St. Anthony will provide post-retirement Single Health Coverage
for all P.E.R.A. Basic and Coordinated Members who are age 55 and have
completed 25 years of public service until such employee reaches their 65th
birthday; and
2) the City Council of the City of St. Anthony supports all active City Employees
who desire early retirement between July 1, 1991 and October 1, 1991, subject
to all P.E.R.A. requirements.
Adopted this 3 day of Al G Lt"St , 1991.
Mayor
ATTEST: y
City Clerk
• Reviewed for administration:
City Manager