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CITY OF ROSEVILLE, MINNESOTA <br />OPUFT!UP!GJOBODJBM!TUBUFNFOUT <br />Efdfncfs!42-!3134 <br />1.General Employees Retirement Fund (GERF) <br />Bmm!gvmm.ujnf!)xjui!uif!fydfqujpo!pg!fnqmpzfft!dpwfsfe!cz!QFQGG*!boe!dfsubjo!qbsu.ujnf!fnqmpzfft!pg! <br />uif!Djuz!bsf!dpwfsfe!cz!uif!Hfofsbm!Fnqmpzfft!Sfujsfnfou!Gvoe!)HFSG*/!!HFSG!nfncfst!cfmpoh! <br />up!uif!Dppsejobufe!Qmbo/!!Dppsejobufe!Qmbo!nfncfst!bsf!dpwfsfe!cz!Tpdjbm!Tfdvsjuz/ <br />2.Public Employees Police and Fire Fund (PEPFF) <br />Uif!QFQGG-!psjhjobmmz!ftubcmjtife!gps!qpmjdf!pggjdfst!boe!gjsfgjhiufst!opu!dpwfsfe!cz!b!mpdbm!sfmjfg! <br />bttpdjbujpo-!opx!dpwfst!bmm!qpmjdf!pggjdfst!boe!gjsfgjhiufst!ijsfe!tjodf!2:91/!!Fggfdujwf!Kvmz!2-!2:::-! <br />uif!QFQGG!bmtp!dpwfst!qpmjdf!pggjdfst!boe!gjsfgjhiufst!cfmpohjoh!up!mpdbm!sfmjfg!bttpdjbujpot!uibu! <br />fmfdufe!up!nfshf!xjui!boe!usbotgfs!bttfut!boe!benjojtusbujpo!up!QFSB/ <br />B.Benefits Provided <br />QFSB!qspwjeft!sfujsfnfou-!ejtbcjmjuz-!boe!efbui!cfofgjut/!!Cfofgju!qspwjtjpot!bsf!ftubcmjtife!cz!tubuf! <br />tubuvuf!boe!dbo!pomz!cf!npejgjfe!cz!uif!tubuf!mfhjtmbuvsf/!!Wftufe-!ufsnjobufe!fnqmpzfft!xip!bsf! <br />foujumfe!up!cfofgjut!cvu!bsf!opu!sfdfjwjoh!uifn!zfu-!bsf!cpvoe!cz!uif!qspwjtjpot!jo!fggfdu!bu!uif!ujnf! <br />uifz!mbtu!ufsnjobufe!uifjs!qvcmjd!tfswjdf/ <br />1.GERF Benefits <br />tfswjdf-!bhf-!boe!zfbst!pg!dsfeju!bu!ufsnjobujpo!pg!tfswjdf/!!Uxpnfuipet!bsf!vtfe!up!dpnqvuf!cfofgjut! <br />2!ps!Nfuipe!3!gpsnvmbt/!!Pomz!Nfuipe!3!jt!vtfe!gps!nfncfst!ijsfe!bgufs!Kvof!41-!2:9:/!!Voefs! <br />Nfuipe!2-!uif!bddsvbm!sbuf!gps!Dppsejobufe!nfncfst!jt!2/3&!gps!fbdi!pg!uif!gjstu!ufo!zfbst!pg!tfswjdf! <br />boe!2/8&!gps!fbdi!beejujpobm!zfbs/!!Voefs!Nfuipe!3-!uif!bddsvbm!sbuf!gps!Dppsejobufe!Qmbo!nfncfst! <br />jt!2/8&!gps!bmm!zfbst!pg!tfswjdf/!!Gps!nfncfst!ijsfe!qsjps!up!Kvmz!2-!2:9:!b!gvmm!boovjuz!jt!bwbjmbcmf! <br />xifo!bhf!qmvt!zfbst!pg!tfswjdf!frvbm!:1!boe!opsnbm!sfujsfnfou!bhf!jt!76/!!Gps!nfncfst!ijsfe!po!ps! <br />bgufs!Kvmz!2-!2:9:-!opsnbm!sfujsfnfou!bhf!jt!uif!bhf!gps!vosfevdfe!Tpdjbm!Tfdvsjuz!cfofgjut!dbqqfe!bu! <br />77/ <br />Cfofgju!jodsfbtft!bsf!qspwjefe!up!cfofgju!sfdjqjfout!fbdi!Kbovbsz/!!Uif!qptusfujsfnfou!jodsfbtf!jt! <br />frvbm!up!61&!pg!uif!dptu.pg.mjwjoh!bekvtunfou!)DPMB*!boopvodfe!cz!uif!TTB-!xjui!b!njojnvn! <br />jodsfbtf!pg!bu!mfbtu!2&!boe!b!nbyjnvn!pg!2/6&/!!Sfdjqjfout!uibu!ibwf!cffo!sfdfjwjoh!uif!boovjuz!ps <br />cfofgju!gps!bu!mfbtu!b!gvmm!zfbs!bt!pg!uif!Kvof!41!cfgpsf!uif!fggfdujwf!ebuf!pg!uif!jodsfbtf!xjmm!sfdfjwf! <br />uif!gvmm!jodsfbtf/!!Sfdjqjfout!sfdfjwjoh!uif!boovjuz!ps!cfofgju!gps!bu!mfbtu!pof!npoui!cvu!mftt!uibo!b! <br />gvmm!zfbs!bt!pg!uif!Kvof!41!cfgpsf!uif!fggfdujwf!ebuf!pg!uif!jodsfbtf!xjmm!sfdfjwf!b!sfevdfe!qspsbufe! <br />jodsfbtf/!!Jo!3134-!mfhjtmbujpo!sfqfbmfe!uif!tubuvuf!efmbzjoh!jodsfbtft!gps!nfncfst!sfujsjoh!cfgpsf!gvmm! <br />sfujsfnfou!bhf/ <br />2.PEPFF Benefits <br />Cfofgjut!gps!QFQGG!nfncfst!gjstu!ijsfe!bgufs!Kvof!41-!3121!cvu!cfgpsf!Kvmz!2-!3125!wftu!po!b!qspsbufe! <br />cbtjt!gspn!61&!bgufs!gjwf!zfbst!vq!up!211&!bgufs!ufo!zfbst!pg!dsfejufe!tfswjdf/!!Cfofgjut!gps!QFQGG! <br />nfncfst!gjstu!ijsfe!bgufs!Kvof!41-!3125!wftu!po!b!qspsbufe!cbtjt!gspn!61&!bgufs!ufo!zfbst!vq!up!211&! <br />bgufs!uxfouz!zfbst!pg!dsfejufe!tfswjdf/!!Uif!boovjuz!bddsvbm!sbuf!jt!4&!pg!bwfsbhf!tbmbsz!gps!fbdi!zfbs! <br />66 <br />Qbhf!98!pg!494 <br /> <br />