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AGENDA SECTIOW ORIGINATING DEPT. /DIV.,*. <br />Reports & Recomm end at ions 1� Administration <br />XEETIAG <br />DATE: 10 / 10 / 8 3 MINOMMONEW <br />6 a a a 0 A a a W 41 6 <br />The proposed change would increase the benefit level from $9.00 to $11.0o <br />or from $180.100 to $220,00 for twenty years, of service. All remaining <br />benefits would be 'increased Proportionally or 22%, except the temporary <br />disability benefit which would, remain unchanged. Benefit 'increases are <br />Included for retired members as well as act ieve members. <br />During the work session a question on the use of 'interest "income was asked. <br />The question related to, the appropriate use of estimated interest income to <br />0, <br />pay a, part of the increased cost, of implementing the higher pension benefits, <br />This question was reviewed, with the City Attorney and, found to be acceptable <br />as it relates to the State Statutes. <br />An updated, survey of Fire Fighters Pensions has been attached for your in- <br />format:Lon. <br />10 <br />In order to, formal,ly adopt the pension bene"fits, an ordinance amendine the- <br />,J <br />Colde must be adopit,eid. <br />Council Action Requested.- Motion requesting City Attorney to prepare <br />an ordinance amending the City Code of the <br />City of Roseville to provide for increases <br />in n the Pension Benefits for members of the <br />RoseviLlIe Filremen's, Relief Association, <br />