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Regular City Council Minutes 12/02/02 Page 5 Relief Association to seek a judge's opinion, through Probate Court, on whether the Association's by-laws need to be amended to provide PERA retirement funds for full- time personnel and Fire Relief Association retirement funds to part-time personnel. Mayor Kysylyczyn encouraged the Council to determine what their position was on this issue, prior to receiving notice of a hearing, as a contributor to both funds, which has significant financial impact on the City's budget. Mayor Kysylyczyn recommended that the Council's position be one of opposition to dual pensions. Discussion included how many current employees were affected with Finance Director Miller estimating 6 7 City employees who also serve as volunteers on the Fire Department; discrimination tests for qualified plans; impacts on current and future recruitment of Fire Department personnel; estimated annual cost to the City, which Mr. Miller estimated at $250,000 in 2002 accommodate for shortfalls in the Fire Relief Association's retirement fund; State Aid and commercial property insurance funds; ERISA requirements; It was the consensus of Councilmembers that the issue was not a policy issue and should be resolved by the court process, with any amendments to the by-laws by the Fire Relief Association, not the City Council, even though it will have economic interest to the City. Kysylyczyn moved, Schroeder seconded, that the Roseville City Council takes no opinion at the present time on the issue of dual eligibility for Public Employee Retirement Association (PERA) retirement funds and Fire Relief Association pension funds. Ayes: Nays: Roll Call Kough, Schroeder and Kysylyczyn. Klausing and Maschka. Further discussion ensued regarded the unfunded liability of approximately $79,000, and whether staff should