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HUGO FIREFIGHTER’S RELIEF ASSOCIATION <br />5323 140TH STREET NORTH <br />HUGO, MINNESOTA 55038 <br />(651) 429-6366 <br /> <br /> <br /> <br /> <br /> <br />Hugo Firefighter’s Relief Association <br /> <br /> <br /> TO: Anna Wobse, Interim Finance Director <br /> FROM: Dave Jensen, President <br /> DATE: July 13th 2021 <br /> SUBJECT: Pension Increase <br /> <br />Please be advised that the Board of Trustees voted to increase the lump sum pension <br />benefit from $3,900 per year of service to $4,200 effective June 22nd 2021. This increase <br />will not require a municipal contribution in calendar year 2021. <br /> <br />In keeping with past practice, this increase should be ratified by the City Council. Please <br />place this item on an upcoming City Council agenda for ratification. <br /> <br /> <br />