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Council reviews modest fire pension increase; item placed on consent agenda
Summary
Council discussed a proposal to raise the volunteer fire pension from $61.85 to $63.50 per year-of-service (the department had requested $65); staff said the pension fund would remain overfunded at the proposed level and the change would not affect the city’s general fund.
Councilmembers reviewed a request from the local fire department to modestly increase the annual service pension for volunteer firefighters.
According to staff presentation, the department proposed raising the pension from the current $61.85 per year-of-service to $63.50; the department had initially requested a $65 level. A staff speaker said that at $63.50 the pension fund would remain about 10% overfunded and that the fund is managed separately so the change would not directly add to the city’s general-fund expenditures. "It doesn't affect any of our budget," a staff presenter said, describing the pension as self-funded and run by the department’s pension manager.
Council members acknowledged volunteers’ long service and indicated the item will appear on the consent agenda. No formal council action changing the pension rate occurred during the work session; the discussion was limited to clarifying the proposal and its fiscal effect.
