HomeMy WebLinkAbout1986-011-01/21/1986-FIREFIGHTERS PENSION PLAN RESTATEMENT RESOLUTION 86-11
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING THE RESTATEMENT OF THE
CITY OF FORT COLLINS FIREFIGHTERS' PENSION PLAN
WHEREAS, the City hired A.S. Hansen Company as consultant to prepare a
restatement of the City 's Firefighters ' Pension Plan ; and
WHEREAS, A.S. Hansen Company has proposed a restatement of the City 's
Firefighters ' Pension Plan recommending that the following be incorporated
into the Plan:
1. Articles 2-26 through 2-35 of the City of Fort Collins Code.
2. Colorado State Statutes as they apply to "old hires" .
3. Colorado Fire and Police Pension Association guidelines and
interpretations.
4. IRS requirements for Plan qualification.
5. Details previously included in By-Laws.
6. Technical clarifications.
7. Plan improvements:
a. Article V, Section 5.2 - pension amount calculated using
a 36 month average minimum.
b. Article V, Section 5.4 - pension amount calculated using
a 36 month average minimum.
WHEREAS, the Firefighters ' Pension Board and City staff have reviewed
said restatement of the City 's Firefighters ' Pension Plan and recommended
approval of the same.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the restatement of the City of Fort Collins Firefighters '
Pension Plan as submitted and prepared by A.S. Hansen Company be, and the
same hereby is adopted.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 21st day of January, A.D. 1986.
Mayor
ATTEST:
��� pity