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HomeMy WebLinkAbout6.i. Firefighters Relief Association Benefits Adjustment CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COLTNCIL MEETING DATE: MAY 18, 1999 AGENDA ITEM: FIREFIGHTERS RELIEF ASSOCIATION AGENDA SECTION: CONSENT BENEFITS ADNSTMENT PREPARED BY: SUSAN WALSH AGEND ASSISTANT TO ADMII�tISTRATOR ��� �� .; ATTACHMENTS: SURVEY, SECTION 6 OF BYLAWS APPROVED BY: / This is a request for Council to consider approving an amendment to the Relief Association Bylaws that would increase the yearly pension amount from $2500 a year to $2600 a year. The Relief Association is responsible for overseeing funds for a retirement program for the city's firefighters. The Relief Association receives funding from three main sources: state fire aid,municipal contributions and investment earnings. The current level of$2500 is paid out according to years of service and rules established within the Relief Association Bylaws. The City Council approved the current level in February 1998, and the members of the Relief Association have requested that Council consider increasing this amount to $2600. The amount of $26,000 has been budgeted for payment to the Relief Association, and this amount will more than cover the city's obligation of funding if the retirement benefit is increased to $2600. Attached for Council review is Article VIII, Section 6 of the Bylaws illustrating the payment based on years of service if the yearly pension was increased to $2600. Also attached is a survey of cities similar in size and surrounding communities that have relief associations. It will give you an idea how the city's pay, contribution and pension amount compare to other cities. RECOMMENDED ACTION: MOTION TO INCREASE THE YEARLY PENSION AMOUNT TO $2600 PER YEAR OF SERVICE AND TO APPROVE AN AMENDMENT TO THE FIREFIGHTERS RELIEF ASSOCIATION BYLAWS REFLECTING THIS INCREASE RELIEF ASSOCIATION BENEFITS SURVEY Name of City Call Pay Drill Pay Annual City Contribution Yearly Pension Amt. Inver Grove Hts. $ 7.00/hr. $ 7.00/hr. $ 87,000 $2,500 Lakeville $ 5.00/call $10.00/drill $ 88,244 (1998) $4,000 Apple Valley $10.25/hr $10.25/drill $122,557 $3,500 Eagan $ 9.95/call $16.00/mtg. $165,000 $3,661 Savage $ 8.55/hr. $ 7.85/hr. $131,145 $3,050 Hastings $11.00/hr. $ 9.00/hr pay for audit $3,000 Lino Lakes $ 7.75/hr. $ 7.75/hr $ 21,000 $3,400 Prior Lake $ 7.00/hr. $ 7.00/hr. -0- $2,600 Shakopee $ 8.00/hr. $ 8.00/hr. Varies—0-to $45,000 $3,062 Rosemount $ 7.40/hr. $ 5.80/hr. $26,000 $2,500 ARTICLE VIII. • • ' DEATH BENEFITS AND PENSIONS (Continued) Section 6. S'�X a)The YEARLY PENSION AMOUNT that the Association will pay is TWO THOUSAND�� HtJNDRED DOLLARS (�6�;5AA-A9j per"YEAR OF SERVICE" 9�boc�.00 ���6�, b)Effective February 4, 1998,the PERCENT OF 20 YEAR PAYMENT at�"year of service"is as follows: Years of Service Percentage of Amount of Payment on Fire Department 20 Year Payment at age of 50 years 10 60 �809- l5,�G�p 11 64 �;60@� 18�30�}- 12 6s ��ea a� a t b 13 �2 -�;�ae- aN-,33(P i4 �6 �;�oe�- a7,��'+ 15 80 ��;OA�- 31 '�� 16 84 �33;F06-` ��,q'y-�{ 1� ss �oa 3g,89b 18 92 �4�6� �}-3,OS(o 19 96 �4sr,669 y-'1� �'a �{'. 20 100 -�3&,9AA� �2�t700 � C I TY O F RO S E M O U N T 2875 C145tHS�t eet West Rosemount,MN Everything's Cominq Up Rosemount!! 55068-4997 AFFIDAVIT OF MAILED AND POSTED HEARING NOTICE Phone:651-423-4411 �x � , �� Hearing Impaired 651-423•6219 F O R Fax:651-423-5203 1999 STRUCTURAL OVERLAY IMPROVEMENTS CHARLSTON WAY, CHARLSTON COURT, 131 ST STREET IN THE ROSEMOUNT HILLS 3RD ADDITION CITY PROJECT #306 STATE OF MINNESOTA ) COUNTY OF DAKOTA )ss. CITY OF ROSEMOUNT ) Susan M. Walsh, being first duly sworn, deposes and says: I am a United States Citizen and the duly qualified Clerk of the City of Rosem�unt, Minnesota. On May 5, 1999, acting on t�ehalf r�f thP said City, I posted �t the City H�II, 2875 : 145th Street West, and on:May.6, '! 999 deposited in the United St�tes Post t)ffice of Rosemount, Minnesota;copies��f the attached ►�ntice of pub��C hearing regard;r� the proposed 1999 Structural Overlay Impruvements, .Charlston Wa�.� Gharllsto� Caurt� 131 st Street West in the Rosemount Hills 3rd Addition, and appurtenant work for City Project #306, enclosed in sealed envelopes, with postage thereon fully prepaid, addressed to the persons listed on the attached listings at the addresses listed with their names. There is delivery service by United States Mail between the place �f mailing and the places so addressed. Su an M. Ish City Cle City of Rosemount Dakota County, Minnesota Subscribed and sworn to before me this l�� day of May, 1999. CINDY UORNIDEN C��� �� . _w !'�rf,RY PUBLIC-MINNESOTA '. ., ..",'::JTA COUNTY -= i , ; ,,:;,.ExpiresJan.31,2�� Notary P blic ' C 1 TY O F RO S E M O U N T 2875 C145tHSt eet West Rosemount,MN Everything's Coming Up Rosemount!! 55068-4997 Phone:651•423-4411 Hearing Impaired 651-423-6219 Fax:651-4Z3-5203 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA PUBLIC NOTICE NOTICE OF PUBLIC HEARING 1999 STRUCTURAL OVERLAY IMPROVEMENTS CHARLSTON WAY, CHARLSTON COURT, 131 ST STREET IN THE ROSEMOUNT HILLS 3RD ADDITION CITY PROJECT #306 TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN, that the City Council of the City of Rosemuunt, Minnesota will continue the Public Hearing at 8:00 o'clock p.m. or as soon thereafter as possible: Tuesclay, May 18, 1999 �n the -Council Chambers of the City Hall, 2815 145th Street West, tu r_ons�der the following improvements: Project #306 -- 1999 Structural Overlay Improvements -• _ __ _. .__Charlston Way,•Charlston_Court;.131 st Street in �the Rosemount Hills 3rd l��iditian The nature of improvements shall include the mill and overlay and appurtenant work for the 1999 Structural Overlay Improvements. The total estimated cost of said improvements is $67,800. The area proposed to be assessed for the foregoing improvements will generally be: All parcels described as Lots 1-12, Block 1 ; Lots 1-1 1 , Block 2 and Lots 1-9, Block 3 all in the Rosemount Hills 3rd Addition as recorded in the City of Rosemount, Dakota County, Minnesota. Such person(s) as desires to be heard with reference to the proposed improvements will be heard at this meeting. Written oral opinion will be considered. Dated this 5th day of May, 1999. BY ORDER OF THE CITY COUNCIL. (. � � Sus n M. W h City Clerk City of Rosemount Dakota County, Minnesota Auxiliaryaids and services are available - Please contact Susan Walsh at (692)322-2002, or TDD No. (612)423-6219, no later than May 13, 1999 to make a request. 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