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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, Finance Director <br /> FROM: Dave Jensen, President <br /> DATE: June 27, 2023 <br />SUBJECT: Pension Increase <br /> <br />Please be advised that the Board of Trustees voted to increase the lump sum pension <br />benefit from $4,300 per year of service to $4,600 effective June 27, 2023. This increase <br />will not require a municipal contribution in calendar year 2023. <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 /> <br />Dave Jensen, President <br /> <br />