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Requesting that the State of Indiana enact legislation whereby the State of Indiana would completely fund police and fire pensions
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Requesting that the State of Indiana enact legislation whereby the State of Indiana would completely fund police and fire pensions
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4/27/2017 2:52:21 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/22/1974
Ord-Res Number
434-74
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RESOLUTION NO. <br /> A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF <br /> SOUTH BEND REQUESTING THAT THE STATE OF INDIANA <br /> ENACT LEGISLATION WHEREBY THE STATE OF INDIANA WOULD <br /> COMPLETELY FUND POLICE AND FIRE PENSIONS. <br /> WHEREAS, the City of South Bend, Indiana, is a second <br /> class city and has been mandated by statute to provide certain <br /> pension benefits for police and firemen of said city. <br /> WHEREAS, the pension act requires that the city shall <br /> pay the excess of the estimated expenditures over the estimated <br /> receipts in said pension fund. It has been the experience of the <br /> police and fire pension trustees that the expenditures always <br /> exceed the receipts in said fund and it has been required by statute <br /> that a tax levy be enacted to fund the police and fire pension fund. <br /> WHEREAS, the Common Council of the City of South Bend <br /> strongly feels that since the state of Indiana requires by statute <br /> that cities shall pay said pensions and do their own funding, that <br /> the state of Indiana should enact legislation whereby the state <br /> would completely fund said police and fire pensions to relieve the <br /> burden upon the local taxpayers since said burden is a result of <br /> a mandate by the state of Indiana. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council <br /> of the City of South Bend, Indiana that: <br /> SECTION I. <br /> The state of Indiana enact legislation to provide that <br /> police and fire pension funds be completely funded by the state <br /> of Indiana. <br />
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