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RESOLUTION 81-9
OF THE COUNCIL OF THE CITY OF
FORT COLLINS INCREASING THE CITY'S
CONTRIBUTION TO THE RETIREMENT PLAN
OF THE CITY OF FORT COLLINS
WHEREAS, heretofore on March 4, 1971, the City Council established a
retirement plan for employees of the City, and
WHEREAS, in February 1979, the City Council approved by motion an
increase in the City's contribution rate to the employee retirement plan to
9 68%, and
WHEREAS, the City desires to increase the City's contribution to said
plan in order to fully finance the normal cost of said plan for 1981
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City's contribution rate to the employee retirement plan
of the City of Fort Collins adopted on March 4, 1971, be increased to
11 59% of the total monthly salaries of all eligible employees under said
plan, said increased contribution rate to be deemed retroactive to January
5, 1981
Passed and adopted at regular meeting this 3rd day of February ,
A D 1981
ATTEST
City Clerk