HomeMy WebLinkAboutCommon Council Urging the Indiana State Legislature to Pass Senate Bill # 120 Addressing Pensions for the Police & Fire DepartmentsAttest
RESOLUTION
NO. 2553 -98
Passed by the Common Council of the City of South Bend, Indiana,
February 9, 98
Clerk
Attest: C" 34-N-- President of Common Council.
Presented by me to the Mayor of the City of South Bend. Indiana
February 10, 19 98
Approved and signed by me Feb vary 10
City Clerk
Mayor
BILL NO. 98-17
RESOLUTION NO. X553 -yS
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA, URGING THE INDIANA STATE LEGISLATURE TO PASS SENATE BILL NO.
120 ADDRESSING PENSIONS FOR THE POI ICE AND FIRE DEPARTMENTS.
Vbtrt90, the South Bend Common Council has been apprised that Senate Bill.No. 120
which would amend Title 36 of the Indiana Code addressing police and firefighters' retirements
has been introduced for consideration by the 110th General Assembly of the State of Indiana; and
Vbg"48, the Senate Bill provides in part that a member of the 1977 Police Officers' and
Firefighters' Pension and Disability Fund would be eligible to retire at the age of 52; and further
provides that a police officer or firefighter of said fund would be able to receive reduced benefits if
he or she retires at the age of 50; and
'Il bt"ag, Senate Bill 120 further contains a formula specifying the benefits to be received
by qualifying police officers or firefighters retiring after the age of 50 and before the age of 52; and
Wbtrtg8, this Senate Bill would also provide that a member of the 1925, 1937 or 1953
fund who converted to the 1977 fund who retires or becomes disabled on or before June 30, 1998
would be treated as a member of the 1977 fund; and
'Dl btrt0Z, that since the benefits for converted police officers and firefighters are funded
on a pay -as- you -go basis, significant savings to the City of South Bend would result over the next
five (5) years if Senate Bill No. 120 is passed.
7fi0b1, Vt It Orbs UO by the Common Council of the City of South
Bend, Indiana, as follows:
Section L The Common Council of the City of South Bend, Indiana urges the Indiana
General Assembly to enact Senate Bill No. 120 addressing police and firefighters' retirement.
Section II Senate Bill No. 120 contains two (2) major and significant parts, namely:
1. It would change the requirement for retirement from age 55 to age 52 so long as the police
officer or firefighter has at least twenty (20) years of credited service and permitting an early
retirement at age 50 with at least twenty (20) years of credited service with reduced benefits; and
2. It would transfer the liabilities for former converted plan members of the 1977 Plan who become
benefit recipients on or before June 30, 1998 from the responsibility of the City of South Bend.
Section III. The Common Council of the City of South Bend, Indiana, directs the City
Clerk to distribute copies of this Resolution to Governor Frank O'Bannon and Lieutenant
Governor Joseph E. Kernan and to members of the Indiana General Assembly representing the
City of South Bend as well as to the State Department of Health so that they know the position of
the South Bend Common Council on this important issue.
Section IV, This Resolution shall be in full force and effect from and after its adoption
by the Common Council approval by the Mayor.
James Aranowski, First District Andrew Ujdak, Sixth District