Laserfiche WebLink
Lump Sum Plans Only <br />Name 2022 <br />Fire Aid Variable <br />2021 <br />Lump Sum <br />1 New Prague Volunteer Fire Department $103,406.32 -9.82% $4,150.00 <br />2 Albert Lea Fire Department $105,271.80 -8.19% $4,000.00 <br />3 Little Falls Fire Department $109,566.86 -4.44% $3,900.00 <br />4 Albertville Fire Department $110,566.06 -3.57% $3,200.00 <br />5 Fergus Falls Fire Department $110,647.90 -3.50% $5,500.00 <br />6 Marshall Fire Department $110,666.97 -3.48% $5,807.00 <br />7 Waconia Fire Department $113,537.01 -0.98% $5,700.00 <br />Hugo Fire Department $114,660.94 <br />8 Ham Lake Fire Department $117,980.90 2.90% $4,500.00 <br />Average (not including Hugo) $4,594.63 <br />Lowest $3,200.00 <br />Highest $5,807.00 <br />State-Wide Average $2,335.00 <br />Based on the adopted formula, the optimum pension benefit level for the <br />Relief Association is: $4,594.63 per year of service. <br />$4,300.00 Hugo's Current Level <br />$300.00 Proposed Increase <br />$4,600.00 Proposed Level <br />Relief Association Comparisons <br />OPTIMUM PENSION BENEFIT LEVEL