HomeMy WebLinkAbout97-82 - ADMIN Resolution - City Council - 1997/07/07r
Resolution No.
RESOLUTION APPROVING INCREASE IN PENSION MULTIPLIER
FOR MEMBERS OF THE POLICE AND FIRE CONSOLIDATED FUND
WHEREAS, the 1997 Legislature amended Chapter 233 making many changes to the major
public pension plans including increasing the pension multipliers to provide for more uniform
pension benefits; and
WHEREAS, members of the consolidated fund may not receive the same increase in pension
multiplier 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 changes as passed by the 1997 Legislature for its
employees who are members of the consolidated fund.
Attest
Jerk
ity Manager
Adopted by the City Council
July 7, 1997
Mayor