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RECOMMENDED PENSION BENEFIT LEVEL INCREASE <br />Staff is recommending the City Council approve a motion to ratify the Board of Trustees request for a $200 increase in <br />the lump -sum pension benefit and approve a change to the by-laws incorporating this new benefit level. This will bring <br />Hugo's pension benefit to $3,500 per year of service (within $208 of the optimum level described above). <br />ATTACH M E NTS <br />Resolution Adopting Firefighter Relief Pension Fiscal Policy <br />Relief Association Comparisons <br />Letter from Dave Jensen, President of the Board of Trustees <br />Financial Projections <br />Section 13.3 of Association By-laws (reflecting the proposed increase) <br />