HomeMy WebLinkAboutRES 23-046 OPTING TO INCREASE THE BENEFIT LEVEL FOR FFs WHO ARE VESTED IN THE STATEWIDE VOLUNTEER FF PLANCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 23-046
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 BY THE CITY COUNCIL OF THE CITY OF
ST. ANTHONY VILLAGE, 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 $4,200.0 benefit level per year
of service, effective January 1, 2024 and;
2) The City Manager and Mayor are hereby authorized to execute all documents necessary
to effectuate the intent of this resolution.
Adopted this 121 day of SSe tember, 2023.
ATTEST: QQ
Ci Clerk
Reviewed for administration:
dy le, Mayor
Charlie Yunker, City Manager