HomeMy WebLinkAbout7465 (Res.)
o
o
o
RESOLUTION NO. 7465
AUTHORIZING THE AMENDMENT OF THE BY-LAWS OF THE STILLWATER FIRE
DEPARTMENT RELIEF ASSOCIATION.
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota
that the Stillwater Fire Department Relief Association By-Laws are
hereby authorized to be amended as follows:
ART! CLE I X - Dea th Benefi ts and Pens ions.
Section 2. The association shall pay to each member who shall
have served actively in the Stillwater Fire Department for a period
of twenty (20) years or more prior to his resignation from said
Fire Department, and who has reached the age of 50 years or more,
and who have been a member of the association for at least ten (10)
years, the sum of $1,300.00 for each year that he has served as an
active member of said Fire Department. In no event shall said
lump sum service pension exceed the sum of $39,000.00.
Section 3. If a member of the association shall have served
in the Stillwater Fire Department for at least twenty (20) years,
but has not reached the age of fifty (50) years, he may retire from
said Fire Department and be placed on the deferred pension roll.
When he reaches the age of fifty (50) years, and provided that at
that time he has been a member of the association for at least ten (10)
years, he shall be paid the sum of $1,300.00 for each year and that
he served as an active member of said Fire Department. During the
time that any member is on the deferred pension roll, he shall continue
to pay his dues, and he will not be eligible to receive any of the
benefits provided for in Article VIII.
Adopted by the City Council this 7th day of May, 1985.
Published -- May 13, 1985
Attest: ~~~
...
-
g, r
'Y
-",-_.-~~. .,..,^.,~
1IIIilll