HomeMy WebLinkAbout021 - 02/20/1979 - AMENDING ARTICLE IX OF THE CITY CODE RELATING TO FIREMEN'S AND POLICEMEN'S PENSION FUNDS AND INCREAS ORDINANCE NO 21 , 1979
BEING AN ORDINANCE AMENDING ARTICLE IX
OF THE CODE OF THE CITY OF FORT COLLINS
RELATING TO FIPEMEN'S AND POLICEMEN'S
ENSION FUNDS AND INCREASING THE CITY 'S
CONTRIBUTION THERETO
BE IT ORDAINED BY HE COUNCIL OF THE CITY OF FORT COLLINS as follows
Section 1 That Sect n 2-33 of the Code of the City of Fort Collins
be, and the same hereby is, amended by deleting therefrom the words and
figures, "six percent (6%)" an substitutin4 therefor the words and figures,
"nineteen point eleven percent 9 11%) "
Section 2 That Section 2-34 (a) of the Code of the City of Fort
Collins be, and the same hereby is, ended to read as follows
"A The members of the Fire apartment of the City of
Fort Collins shall corntribute monthly seven
percent (7%) of their resp ctive monthly salaries
into the Firemen's Pension Fund of the City of
Fort Collins
In order to affect such cont rib tion the Director
of Finance is hereby authorized and directed to
deduct the appropriate amounts as are hereinabove
described in this Section from the respective
monthly salaries of the members vof tie Fort
Collins Fire Department and to depos4�t the same
in the Firemen's Pension Fund of the City of Fort
Collins "
Section 3 That Section 2-39 (d) of the Code of tie City of Fort
Collins be, and the same hereby is, amended by deleting therefrom the words
and figures, "six percent (6%)" and substituting therefor \the words and
figures "seventeen point fifteen percent (17 15%) "
Section 4 That Section 2-39 (e) of the Code of the City of Fort
Collins be, and the same hereby is, amended to read as follows
"E The amount to be contributed by members of the
Police Department of the City of Fort Collins
eligible to be members of the fund, which amount
snall be seven percent (7%) of members' respec-
tive monthly salaries "
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Introduced, considered favorably on first reading, and ordered pub-
lished this day of A D 1979, and to be presented for
final passage on the day of , A D 197
Ma o
ATTEST
City Clerk
Passed and adopted on final reading this day of A D
1979
i
L ' i
Ma 6
ATTEST `
City Clerk
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