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7.2. SR 08-15-2005 Item # 1 . 2. MEMORANDUM TO: Mayor and City Council FROM: Bruce A. West, Fire Chief DATE: August 15, 2005 SUBJECT: Resolution Accepting Cliff Anderson as a Member of the Public Employees Police and Fire Plan The Public Employees Retirement Association (PERA) is accepting fire inspector's as eligible participants in PERA's Police and Fire Pension Plan. I have been in contact with Scott McLeod from the Public Employee Retirement Association to discuss the issue of what is needed from the City of Elk River for Fire Inspector Cliff Anderson to be accepted as a member of the Public Employees Police and Fire Plan. There are many other communities, both metro and greater Minnesota, that are now switching their fIre inspector and/ or fIre marshal employees from the PERA Coordinated Plan into the PERA Police and Fire Pension Plan. Information received from PERA is that due to policy changes at PERA, the City of Elk River must submit a resolution adopted by the City of Elk River City Council and a letter formalizing the request to change Cliff Anderson from PERA Coordinated to PERA Police and Fire. I have met with both Human Resources Representative Lauren Wipper and Finance and Administrative Services Director Lori Johnson to discuss this potential change and any fInancial implications it may have. Attached is a memo from Ms. Johnson addressing this issue of changing from PERA Coordinated to PERA Police and Fire Pension Plan and the short-term and long-term budget implications. If you have any questions please feel free to call me at the Elk River Fire Department, 763-635-1105. Action Requested Mayor and Council approval of the attached resolution accepting Cliff Anderson as a member of the Public Employees Police and Fire Plan. S,\OFFSITE\FlRE\StaffMemos\2005\Anderson - Police and Fire Plan. doc Item # 7.2. MEMORANDUM TO: Mayor and City Council FROM: Lori Johnson, Finance and Administrative Services Director DATE: August IS, 2005 SUBJECT: Cliff Anderson PERA Financial Impact Fire Chief Bruce West is requesting that Cliff Anderson change from PERA Coordinated to PERA Police and Fire pension plan. Mr. West asked that I provide information on the financial impact of this change. Below is a table showing the employer contribution rates for both the PERA Coordinated and Police and Fire pension plans. These rates were adopted as part of the pension bill approved by the legislature this past special session. As you can see from the far right column of the table, savings in the first two years offset the increases in the next three years so there is no material change in the amount of the City's contribution over the first five years. Thereafter, assuming the contribution rates do not change, there is a small increase in the City's annual cost. Employer Contribution Annual Cost Difference Police & Social Coord. & Coordinated To Police & Year Coordinated Fire Security S. S. Fire 2005 5.53% 9.30% 6.20% 11.73% 2006 6.00% 10.50% 6.20% 12.20% (1,037) 2007 6.25% 11.70% 6.20% 12.45% (458) 2008 6.50% 12.90% 6.20% 12.70% 122 2009 6.75% 14.10% 6.20% 12.95% 701 2010 7.00% 14.10% 6.20% 13.20% 549 Notes. 1. Cost difference based on 2006 estimated pay of 61,000; no COLA applied to future years. 2. PERA may adjust the contribution rates beginning in 2011. 3. Social Security tax is not paid under the Police & Fire plan. 4. Medicare tax of 1.45% applies under Coordinated or Police & Fire pension plan. S:\Council\Lori\2005\PERA Cliff Anderson.doc RESOLUTION #05-_ RESOLUTION OF THE CITY OF ELK RIVER A RESOLUTION ACCEPTING CLIFF ANDERSON AS A MEMBER OF THE PUBLIC EMPLOYEES POLICE AND FIRE PLAN WHEREAS, the policy of the State of Minnesota as declared in Minnesota Statutes 353.63 is to give special consideration to employees who perform hazardous work and devote their time and skills to protecting the property and personal safety of others; and WHEREAS, Minnesota Statutes Section 353.64 permits governmental subdivisions to request coverage in the Public Employees Police and Fire plan for non-full-time fire fighter provided the fire service position regularly engages the employee in the hazards of fire fighting. NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Elk River hereby declares that the position titled Fire Inspector/Fire Fighter, currently held by Cliff Anderson is, for primary services provided, that of a firefighter engaged in the hazards of fire fighting. NOW, THEREFORE, BE IT FURTHER RESOLVED, that this governing body hereby requests that the above-named employee be accepted as a member of the Public Employee Police and Fire Plan effective the date of this employee's initial Police and Fire salary deduction by the governmental subdivision. Passed and adopted by the City Council of the City of Elk River on this 15th day of August 2005. Stephanie Klinzing, Mayor ATTEST: Joan Schmidt, City Clerk