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1991_1118_packet
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1991_1118_packet
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�� aril <br />�r <br />� <br />, ;.„ 4 <br />The Fire Relief' Association has requestied an increase in tbei <br />current <br />retirement, benefits. staff met AA <br />vith Fire Relief representatives Joe Coppersmith and, jack Schmid <br />• discuss request* <br />While recognizing the used for keeplinq the benef its current and <br />does about <br />Who State Statute has changed to, now require any <br />tax levy for unfunded pens tl AM <br />• ! I " under the levy liziotation. This puts <br />severe restriction, on the C:L'ty-fori funding <br />i amount, of state has decreased subs s r ram, <br />4 <br />previous years Aga 'in, any decrease In this f unding <br />4 <br />.source,, places an additional burden on the taxpayer <br />Staf f is recommending that two continue to work w3olth the Associallow <br />tion to, explore solutions for maintaining the fairness, of the <br />plan, for its membersis At the same parities, i Ar <br />a,ssure the fiscal soundness of the plain and that the funding <br />'111 avoid any undue property tax burden. <br />mechanisms w1i <br />" ,► M items, IM thiL <br />Xssue <br />
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