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Res. #15-009 - Supporting the Transfer of Firefighter Service Credits & Pension Assets from the Centennial Fire Relief Assoc. to the City of Lino Lakes
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Res. #15-009 - Supporting the Transfer of Firefighter Service Credits & Pension Assets from the Centennial Fire Relief Assoc. to the City of Lino Lakes
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STATE OF MINNESOTA <br /> COUNTY OF ANOKA <br /> CITY OF CENTERVILLE <br /> Res. #15-0 D 9 <br /> RESOLUTION SUPPORTING THE TRANSFER OF FIREFIGHTER SERVICE <br /> CREDITS AND PENSION ASSETS FROM THE CENTENNIAL FIRE RELIEF <br /> ASSOCIATION TO THE CITY OF LINO LAKES <br /> WHEREAS, the City of Lino Lakes has indicated it is withdrawing from the Centennial Fire <br /> District; and <br /> WHEREAS,the City of Centerville supports the Centennial Fire Relief Firefighters who wish to <br /> transfer their retirement benefits to the City of Lino Lakes and also desire to provide legislation <br /> for the transfer of their service credits and pension assets; and <br /> WHEREAS, a bill has been drafted on behalf of the Centennial Fire Relief Association that <br /> includes three(3) transfer dates for service credits and pension assets; and <br /> WHEREAS, the City of Centerville supports the passage of legislature for the Centennial Fire <br /> Relief Association that establishes transfer dates of pension assets, liabilities and pro-rata shares <br /> of any surplus or deficit for current or future members of the Centennial Fire Relief Association <br /> that obtains employment with the Lino Lakes Fire Department on or before December 31, 2017. <br /> NOW THEREFORE BE IT RESOLVED by the City Council of the City of Centerville, <br /> Minnesota that the city supports the fire pension legislation with transfer dates being January 30, <br /> 2016, January 1, 2017 and January 1, 2018. For those members hired by the Lino Lakes Fire <br /> Department in 2015 transfers would occur shortly after January 30, 2016. For those members <br /> hired by Lino Lakes in 2016, transfer would occur on or shortly after January 1, 2017 and for <br /> those members hired by Lino Lakes in 2017 transfers would occur on or shortly after January 1, <br /> 2018. <br /> BE IT FURTHER RESOLVED,the City Council of Centerville directs the City Administrator <br /> to communicate the city's strong support for this legislation to it elected representatives. <br /> Adopted by the Council this 25th day of February, 2015. <br /> Thomas Wilharber, Mayor <br /> Attest: <br /> Teresa Bender, City Clerk <br />
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