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RES 1965-09 - 00011264RESOLUTION NO, 9 -1965 RESOLUTION RELATING TO RETIREMENT COVERAGE FOR CITY EMPLOYEES WHEREAS, attempts have been made in the Minnesota State Legislature to permit municipal employees to have the democratic choice to elect to remain under PERA or, in the alternate, to have a combination of OASI and PERA coverage, and WHEREAS, such a proposal would permit each individual employee of the City of Fridley to elect that form of retirement benefits which would be most beneficial to him, and WHEREAS, the possible choice of combined OASI and PERA coverage by the city employees would not be likely to increase the cost of retirement benefits paid by the city, over what such cost would be if PERA coverage alone were continued, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley as follows: 1. This Council herewith records itself as favoring making available to the City employees of this city the right to choose their retirement coverage, and urges the Legis- lature to act favorably upon such premissive legislation-. 2. The City Manager is hereby directed to provide copies of this resolution to the legislators representing this district, and such other legislators as he may deem appropriate. PASSED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 4TH DAY OF JANUARY, 1965. ATTEST: CITY CLERK — Marvin C. Brunsell MAYOR - Will 114& J. Nee -- T