HomeMy WebLinkAbout96-36 - ADMIN Resolution - City Council - 1996/03/041
- Resolution No. 96-36
RESOLUTION APPROVING CHANGE IN EARLY RETIREMENT REDUCTION
FACTOR
WHEREAS, the 1995 Legislature amended Chapter 262 to lower the early retirement reduction
factor for members of the PERA Police and Fire Fund, and;
WHEREAS, members of the consolidated fund may not receive the same benefit change unless
approved by the local governing body;
NOW THEREFORE, BE IT RESOLVED by the City Council of St. Louis Park that the City
of St. Louis Park approves the pension benefit change as passed by the 1995 Legislature for its
employees who are members of the consolidated fund.
11 Attest:
'4-
City Clerk / Beverly Fl=;: aaan
Revie - , for administration:
CityManager/s/ es W. Meyer
Adopted by the City Council
Marc 4, 1996
yor /s/ Gail Dorman
Approved as to form and execution:
344..4444.LA. ei..,._
City Attorney /s/ Suesan Lea Pace