HomeMy WebLinkAboutResolution - 93-33 - Supporting Changes in Fire Relief Association Pension Benefits and Requesting Sate Approval - 02/16/1993 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
• RESOLUTION NO. 9 3 - 3 3
A RESOLUTION IN SUPPORT OF CHANGES IN FIRE RELIEF ASSOCIATION PENSION
BENEFITS AND REQUESTING STATE APPROVAL THEREOF
WHEREAS, the City of Eden Prairie receives very effective fire
prevention services from its volunteer Fire Dept. at much less cost to
taxpayers than a comparative full-time department, and
WHEREAS, the City Council desires to help ensure the continuance
of its volunteer system by supporting an enhancement of pension
benefits provided by the Eden Prairie Fire Relief Association.
NOW, THEREFORE, be it resolved that the City of Eden Prairie
requests approval of legislation by the State of Minnesota to allow
the following changes in pension benefits provided by the Eden Prairie
Relief Association:
1. Change the vesting schedule to allow full vesting at ten
(10) years of service and that this be retroactive to all
eligible participants.
• 2. Allow for deferred retirees with at least 15 years of
service to be eligible for plan benefit increases.
3 . Allow the City of Eden Prairie to determine the amount of
monthly service pension it deems appropriate and affordable
by exempting the City and the Eden Prairie Fire Relief
Association from those portions of MSA 424A.02, Subd. 3,
imposing maximum service pension amounts.
ADOPTED BY THE EDEN PRAIRIE CITY COUNCIL THIS 16th DAY OF
FEBRUARY, 1993 .
ayor Tlas B. Ten-pa
ATTEST:
J n D. Frane, City Clerk