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Lump Sum Plans Only <br />Name 2023 <br />Fire Aid Variable <br />2022 <br />Lump Sum <br />1 Marshall Fire Department $120,640.78 -8.31% $5,807.00 <br />2 Fergus Falls Fire Department $121,980.18 -7.30% $5,850.00 <br />3 Waconia Fire Department $130,333.61 -0.95% $5,700.00 <br />4 Albertville Fire Department $131,451.53 -0.10% $3,700.00 <br />Hugo Fire Department $131,581.34 <br />5 Ham Lake Fire Department $134,618.83 2.31% $5,000.00 <br />6 Little Falls Fire Department $138,886.06 5.55% $4,700.00 <br />7 Detroit Lakes Fire Department $140,277.41 6.61% $9,800.00 <br />8 Willmar Fire Department $141,639.14 7.64% $6,000.00 <br />9 Bayport Fire Department $142,010.81 7.93% $10,000.00 <br />10 Sartell Fire Department $142,517.68 8.31% $5,100.00 <br />Average (not including Hugo) $6,165.70 <br />7 Detroit Lakes Fire Department $140,277.41 6.61% -$9,800.00 <br />9 Bayport Fire Department $142,010.81 7.93% -$10,000.00 <br />Average Excluding Detroit Lakes & Bayport $5,232.13 <br />Lowest $3,700.00 <br />Highest $10,000.00 <br />State-Wide Average $2,560.00 <br />Based on the adopted formula, the optimum pension benefit level for the <br />Relief Association is: $6,165.70 per year of service <br /> $5,232.13 per year of service excluding Detroit Lakes & Bayport <br />$4,600.00 Hugo's Current Level <br />$500.00 Proposed Increase <br />$5,100.00 Proposed Level <br />Relief Association Comparisons <br />OPTIMUM PENSION BENEFIT LEVEL