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Cluster · estimate · no year
Projected firefighter lump sum pension benefit level for PERA calculation.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2022-04-07 — 2022-04-07
Projected firefighter lump sum pension benefit level for PERA calculation.
Staff was directed to request that PERA calculate benefit levels at $2000, $2500, $3000 and city voluntary contribution levels at $7000, $10,000, and $15,000. The item is to be placed on the next city council meeting agenda together with the Resolution approving participation in the PERA Firefighters Pension Program.
Reasoning: Explicitly listed as a benefit level for pension calculation; not yet adopted, so projected/estimate.