HomeMy WebLinkAboutMINUTES Firemen's Pension Board 1989-12-04BRADFORO PUBLISHING CO.
RECORD OF PROCEEDINGS
Firemen's Pension Board
December 4, 1989
Board: Mayor Dannels, Fire Chief Rumley, 1st
Assistant Chief Ed Ford, 2nd Assistant
Chief Steve Campbell, Treasurer Vavra,
Secretary O'Connor
Attending: All
Absent: None
Also Attending: None
Manor Dannels called the meeting of the Firemen's Pension Board
to order at 2:01 P.M.
APPLICATION FOR PENSION.
SAHM, Ralph E. - Mr. Sahm submitted his application for pension
having served 16 years as a volunteer fireman. 16 years of
service entitles Mr. Sahm to 80% of the pension benefit, or
$120.00/month. Treasurer Vavra moved the application be approved
at the rate above stated, effective December 1, 1989. 1st
Assistant Chief Campbell seconded the motion and it passed unani-
mously.
1990 BUDGET.
Treasurer Vavra reported the 1990 Budget includes funding for an
actuarial study of the Pension Fund. Chief Rumley expressed a
desire to increase the monthly pension should the study prove
such an increase is financially sound. Additional information
will be forthcoming.
There being no further business, Mayor Dannels adjourned the
meeting at 2:11 P.M.
Vickie O'Connor, Town Clerk