Loading...
HomeMy WebLinkAboutMINUTES Firemen's Pension Board 1986-06-03BRADFORD PUBLISHING CO. RECORD OF PROCEEDINGS Firemen's Pension Board June 3, 1986 Board: Mayor Dannels, Treasurer Vavra, Secretary O'Connor, Fire Chief Rumley, 1st Assistant Chief Watson, 2nd Assistant Chief McCracken, Secretary/Treasurer Dike Attending: Mayor Dannels, Secretary O'Connor, Fire Chief Rumley, 1st Assistant Chief Watson, Secre- tary/Treasurer Dike Also Attending: Town Attorney White, Town Administrator Hill Absent: Treasurer Vavra, 2nd Assistant Chief McCracken FIREMEN'S PENSION - DEFERRED RETIREMENT PLAN: The Board reviewed a letter dated April 8, 1986 submitted by Secretary/Treasurer Dike. The Estes Park Fire Department has recommended approval of a Deferred Firemen's Pension Plan subject to the following conditions: 1. A minimum age requirement of 50 years. 2. A minimum of ten years active service with the Depart- ment. 3. Any individual requesting an early retirement must have completed all training hours for the last three years prior to seeking the retirement. 4. Those firemen seeking an early retirement will submit their petition to the Firemen's Pension Board for consideration. The Board will then defer the petition to the Fire Department Secretary for verification. Currently, firemen are eligible to receive pensions when they reach 50 years of age and have served the Department for twenty years. The Board does have the option of granting a pension to any volunteer fireman having ten years of active service. The pension must be prorated based upon the number of actual years of service. The fund must also be actuarily sound. Following discussion, Member Dannels moved the Firemen's Pension Board approve the Deferred Retirement Plan with the conditions as previously stated, including a ruling that the Deferred Pension Plan will not be "retro-active." Member Dike seconded the motion and it passed unanimously. APPLICATION FOR PENSION: Robert H. Cheney submitted his application for pension June 28, 85. The application was certified by the Secretary of the Fire Department. Member Dike moved the application for pension be granted effective July 1, 1985. Member Watson seconded the motion and it passed unanimously. There being no further business, the meeting adjourned. e-e-c-,t c4J Vickie O'Connor, Secretary