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2024.07.01 CC Packet
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2024.07.01 CC Packet
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7/16/2024 8:34:48 AM
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City Council
Document Type
Agenda/Packets
Meeting Date
7/1/2024
Meeting Type
Regular
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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 25, 2024 <br />SUBJECT: Pension Increase <br /> <br />Please be advised that the Board of Trustees voted to increase the lump sum pension <br />benefit from $4,600 per year of service to $5,100 effective June 25, 2024. This increase <br />will not require a municipal contribution in calendar year 2024. <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 />
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