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Administrative Committee
J November 9,1976
Committee:Chairman Petrocine,Trustees Dannels and Wagner
Attending:Chairman Petrocine,Trustees Dannels and Wagner
Also Attending:Town Administrator Hill
Absent:None
POLICEMEN’S PENSION FUND:
The Committee reviewed the financial condition of the Policemen’s
Pension Fund in detail.
The Committee also reviewed the Town Attorney’s letter of September
1,1976 (attached)in which he gave the opinion that officer Conley’s
widow and child were entitled to payments from the Policemen’s Pen
sion Fund.
The Committee discussed the need for an actuarial study of the Police
men’s Pension Fund and decided it would not be necessary at this time.
The Committee recommends to the Board of Trustees that the Policemen’s
Pension Fund employee —employer contribution be increased to 2%of
payroll for each effective January 1,1977.
MEDICAL INSURANCE:
The Committee reviewed the present policy setting forth the Town of
Estes Park policy on its contribution towards the Health Insurance
program now offered to all employees and trustees.
After careful consideration the Committee recommends the policy be
changed to the following employees contribution plan:
Years of Employment Town’s Share of Premium
0—1 25%
2 30%
3—5 40%
6—10 50%
11—15 75%
16+100%
HOLIDAYS:
So that the Holiday section of the Town’s employee rules and regula
tions will reflect the recent court decision on the Fair Labor Stan
dards Act,the Committee recommends this section be amended to read
as follows:
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BRADFORD PUBL.ISHING CO.,DENVER R E C 0 R D 0 F P R 0 C E E D I N G S
Administrative Committee
November 9,1976
Page Two (2)
SOCIAL SECURITY:
The question -Should the Town opt out of the social security program?
-was discussed at length by the Committee along with Mayor Tregent
and Trustee Burgess.
Several pieces of data and various papers and tapes regarding this
subject were studied by the Committee prior to this meeting.
Due to the seriousness of this subject and the Committee’s feeling
that additional information and study is needed before it can make
an intelligent recommendation to the Board,the Committee decided to
continue its review of this matter.
There being no further business,the meeting adjourned.
Dale G.Hill
CO
JOHN G.PHIPPS
ATTORNEY AT LAW
Phone 303 -586-3530 SUITE 205
P.0.Box 3018 FIRST NATIONAL BANK BLDG.
ESTES PARK COLORADOSeptember1,1976
Mr.Dale Hill
Town Administrator
Town of Estes Park
Estes Park,Colorado 80517
Re:Police Pension Fund
Officer Conley’s Death
Dear Dale:
It is the opinion of both Assistant Town Attorney,Roger
Clark,and myself,that Officer Conley’s widow and children
are entitled to payments from the Estes Park Police Pension
Fund as a result of Officer Conley’s death this summer.The
Town became liable for such payments at the time of his death.
The widow is entitled to payments until she remarries or
dies,whichever first occurs.The children are entitled to
payments until they either reach the age of 16 years or die,
whichever first occurs.
The amount of the payments to the widow and the children
is based upon Officer Conley’s gross monthly salary at the time
of his death.
The widow is entitled to a monthly payment equal to one-
fourth of said monthly salary.Each child is entitled to a
monthly payment equal to one-eighth of said monthly salary.
The widow should be advised regarding how the payments ter
minate,as aforesaid.
I
JGP/ik
c.c.Chief Robert Ault
Very truly yours,
G.Phipps