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Council approves amendments to Police and Fire Retirement plan at second reading
Summary
Council voted to approve plan amendments to the Police and Fire Retirement Pension Fund requested by the pension board, including changes to break‑in‑service language and chief retirement provisions.
City Clerk Melissa Cogel presented amendments to the Police and Fire Retirement Pension Fund plan documents and said the pension board and its attorney and administrators had reviewed the changes.
Cogel said the Police and Fire Pension Board voted to amend section 1.23 regarding break‑in‑service and section 4.05 regarding chief‑of‑department retirement provisions; the amendment package had been reviewed by the pension attorney and Joint Committee of Public Employee Retirement (JCPER). She asked the council for approval to update the plan document.
Councilman moved and seconded the motion to approve the plan amendments; after no further discussion the council took the recorded vote and the motion carried. The transcript records the motion, a second and the voice vote of “aye” with no recorded opposition.
Why it matters: The approved amendments revise plan provisions that affect retirement calculations and eligibility for public safety officers. The changes were presented as administrative plan updates recommended by the pension board and reviewed by counsel and plan administrators.
Ending: Council adopted the amendments on the Aug. 5 vote; staff will update plan documents to reflect the board’s decision.
