HomeMy WebLinkAbout1971-008-03/04/1971-ADOPTING A RETIREMENT PLAN FOR THE CITY RESOLUTION 71 8
OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING
A RETIREMENT PLAN FOR THE CITY OF FORT COLLINS
WHEREAS the City Council has heretofore caused a study to be
made and a Retirement Plan to be prepared for the City of Fort Collins which
Retirement Plan is designed to provide monthly retirement benefits to employ-
ees of the City upon their retirement such benefits being based upon the
years of service with the City and the monthly rate of compensation while an
employee is employed by the City and
WHEREAS the City Manager has recommended that said Retirement
Plan be adopted by the City Council and the City Attorney has reviewed and
approved such plan
NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the Retirement Plan prepared by Coates Herfurth and England Con-
sulting Actuaries for the City of Fort Collins be adopted as the Retirement
Plan for the City of Fort Collins effective January 1 1971 and
BE IT FURTHER RESOLVED that said plan shall be in effect as the
Retirement Plan of the City until further action of the City Council
Passed and adopted at a regular meeting of the City Council held
this 4th day of March t/ A D 1971
r
ATTEST
City C1er