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Council discusses incentive program offering 50% match for volunteer firefighters
Summary
A council member described a volunteer firefighter incentive program that would allow the city to obtain a 50% match of contributions alongside state participation; the speaker said the program predates 1996 and likened it to a 401(k)-style vehicle.
At the Dec. 22 meeting a council member outlined an incentive program intended to aid volunteer firefighters, describing it as a matching program that could secure a 50% match of what the city contributes alongside what the state provides.
The council member said they had spoken with the program administrator about financial operations and characterized the plan as established prior to 1996, which affects the program’s governing rules. "The low program is a is an incentive program for volunteer firefighters where we have an opportunity to get a match for 50% match what the state puts in what we put in service," the council member said, adding that the structure is similar in some respects to retirement-style mechanisms.
Council members discussed the mechanics and financial implications briefly during the meeting. The transcript records discussion and a request for a motion to consider adoption of a resolution to participate in the program but does not record a completed adoption vote in the excerpt.
