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Nephi council agrees to continue covering higher Tier Two public safety retirement costs
Summary
After staff reported the state increased Tier Two public safety retirement costs, the council agreed to continue covering the additional cost and asked staff to create a policy and forms for signatures to formalize the arrangement.
City Administrator Seth Atkinson informed the council that the state has increased the cost for Tier Two public safety retirement and asked whether the city should continue covering the added expense or pass it to employees. The council agreed to continue covering the increased costs, citing the importance of incentives for public safety employees.
Staff will prepare a policy and associated paperwork for signatures to document the agreement that the city will pay the additional Tier Two retirement costs. The council’s decision was recorded as an agreement at the work session; no roll-call vote was recorded in the minutes.
