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RES 1973-36 - 0000806763 RESOLUTION NO. 36 -1973 A RESOLUTION RELATING TO CHANGES IN THE POLICE PENSION PLAN OF THE CITY OF FRIDLEY WHEREAS, the City of Fridley has recognized the private pension plan administered by the Fridley Police Pension Association is not being funded to insure the plan is actuarially sound; and WHEREAS, the City Council recognizes its obligation to fund this plan for Police Officers hired prior to March 1, 1973 on an actuarially sound basis; and WHEREAS, the City Administration and the Fridley Police Pension Association have negotiated an agreement whereby funding of the private pension plan is required provided all new Police Officers hired after March 1, 1973 become members of the Minnesota Public Employees Police and Fire Fund operated pursuant to Minnesota Statutes, Section 353.63 to 353.68 and are not eligible for membership in the Fridley Police Pension Association; and WHEREAS, that agreement/ contained in a letter dated March 9, 1973 and signed by James R. McKersie and Waldemar H. Olsen, President and Secretary respectively;of the Fridley Police Pension Association is made an attachment to this resolution; and WHEREAS, the City of Fridley and the Fridley Police Pension Asso- ciation realize that legislation will have to be passed by the Minnesota ' Legislature and signed by the Governor to implement this agreement; NOW THEREFORE, BE IT RESOLVED that the City Council by this resolu- tion accepts the agreement as outlined in the letter of March 9, 1973 from the Fridley Police Pension Association and attached to this resolu- tion, and directs the City Manager and the City Attorney to work with members of the Legislature to insure passage of legislation implementing this agreement; and BE IT FURTHER RESOLVED that the City Council respectfully requests Senator David Schaaf, Representative Joe Connors and Representative Paul McCarron to authorize this bill and work for the passage of this bill in the 1973 session of the Legislature. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 12TH DAY OF MARCH . 1 ATTEST: ` I CITY CLE K - RVIN C. BRUNSELL