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HomeMy WebLinkAbout1988-021 CCRMember Rich Theis introduced the following resolution and moved its adoption: RESOLUTION NO. 88 -21 RESOLUTION URGING AN AMENDMENT TO STATE AID FOR POLICE PENSIONS LAW WHEREAS, a premium tax of 2% is imposed and collected by the State of Minnesota on auto insurance premiums and this tax is distributed to cities and counties to be used for police pension costs; and WHEREAS, since 1977, cities and counties have been required to rebate amounts received as police pension aid over and above city or county requirements to fund employer contributions for police pensions to the PERA Police and Fire Fund without crediting the local government or the employee for these amounts against future pension contribution requirements; and WHEREAS, the League of Minnesota Cities opposed the 1976 restriction on the use of these aid funds at that time and in subsequent years even though, in those times, only small amounts of money were involved and the PERA Police and Fire Fund needed the extra infusion of money and cities were in fairly stable financial condition; and WHEREAS, these conditions have changed to the extent that the PERA Police and Fire Fund is now more than 100% funded and the current rate of employer and employee contributions is in excess of the funds needs and cities now face a financial squeeze unparalleled since the local government aid suspen- sions of 1982; and WHEREAS, since automobile insurance rates on which the 2% police pension aid is collected have increased far faster than police salaries on which the pension contribution is figured; and WHEREAS, during 1987, PERA has billed cities and counties for $1,649,959 in "excess" aid and, as inflation in auto insurance costs continues to outpace wage costs, more and more cities will face uncredited transfers to PERA unless the law is amended. THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota to urge the Minnesota State Legislature to amend the State Aid to Police Pensions Law so that cities and counties will not be required to rebate amounts received as police pension aid over and above city or county requirements to fund employer contributions for police pension to the PERA Police and Fire Fund. BE IT FURTHER RESOLVED that certified copies of this resolution be sent to Senator Bill Luther, Representative Linda Scheid, and Representajive Phil Carruthers. January 25, 1988 Date e ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Gene Lhotka and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.