HomeMy WebLinkAbout29404 / 78-41ADDENDUM
March 16, 1978
# 41
PURPOSE: �'�'I� PAY FOR 62.13 PENSIONS
TNI`I'IATED BY o CITY ADMIlJISTRATION
E�����������
Wf�tE',AS, the City of Oshkosh has provided pension benefits to thr�se
rr�mbers of the police and fire depart�nent who are governed undex Secti.on 62.13
of the Wisconsin Statutes for pension purposes the follawing:
POLICE
Base Pay
I.Qngevity
Educa.tional Benefit
Pension Benefit
Prorated Holiday Pay *
FIFtEE'IC�iTF',RS
Bas� Pay
L�ngevity
Pension Benefit
Prorated Hol�.day Pay *
The pexision is corr�ut�.t� by taking 50$ of the above t�otaled items.
* Holiday pay is incl�.ed only if individual takes holiday time as a cash F�y�nt.
and;
WHEREAS, the St�te of Wisconsin has assun�d controJ. of the 62.13 pe.nsion
p�_�:s :;.� 1,� :j.,�.-i.cG=�� �i�:.� .it� pases zc�r ��e.nszcl� gl�.-ir'�,s may be c�.iffexerit -th�tt
those that the City h.� beexi paying.
NOW 7�Rr,r'^O?,E, EE IT RESOLVED by the Gor�eron Dauncil of the Gity of C�sh3�rsh
that in order to treaz our policemen and fixefighters on the sar� basis as in
the past, t�?� City will m-�ke whole, based upon the aforeme.ntioned sche�dule, any
pension differ�.�ce for any policeman or firefighter whose pension i.s reduc�3 by
a determination of the State of Wisconsin.
- 41 -
SUBI�TTTED BY
;1 C- ��
�� �
COUNCIL-MANAGER ADMINISTRATION
cirr
oF
OSMKOSM
�
M E M O R A N D U M
TO: WILLIAM D. FRUEH, CITY MANAGER and
NIFMRFRS OF 'I�1E OSIiKC�SH CO�N COUNCIL
FROM: JOHN W. PINCE, CITY A'PI"ORNEY
DATE : MAl;�Ei 15 , 19 78
RE: RETIRII�4ENT PAY FOR 62.13 PE[�TSIONS
The City of Oshkosh has provided to policemen and firefighters who were
subject to pension benefits under Section 62.13 of the Wisconsin Statutes
the follaaing benefits in determining their compensation under said
pension plan:
POLICE
FIREFIGHTERS
Base Pay Base Pay
Longevity Longevity
Educational Benefit Pension Benefit
Pension Benefit Prorated Holiday Pay *
Prorated Holiday Pay *
The pension is co�uted by taking 500 of the above totaled items.
*Holiday pay is included only if individual takes holiday time as a cash
payment.
I will be drafting a resolution providing that the City of Oshkosh will
guarantee to its policemen and firefighters who retire and are subject to
Section 62.13 pension benefits the above mentioned benefits. The City,
several years ago, negotiated with the Chapter 41 police officers a payment
of their portion of the police pension which am�unts to anproximately 6% of
their total nay. At the same time, through these same negotiations, the
City negotiated with the 62.13 people payment of their benefits, which
amounts to 4% of their wages. The City negotiated this and paid this in lieu
of additional com�ensation of the base pay. It is, therefore, my feeling
that in good faith, the 4o pension benefit paid by the City should be
included as compe�zsation upon which the pension is based.
� �..�� �_�� �rct;�H AV�i�;U"t • P. O. BOX 1130 • OSHKOSH, WISCONSIN 54901
r-i
#�
�
�i
w�
�
�
r�_
�
I �
� N
F-i � ^
•�t a� �o
� � v
a� •�
�� �
�
�� �
o �
� U •
C[� � � �
O � � .F-t
� � �
O O cd
� 4-i E-� U
O
•r-I '�
,i-� CC3 •
� �, �
r-I O
O -I� •r�
� � +�
� N O
� � �
�,�,�,,.�,.�,,,.,,,,r.,�►_�.._...-.�... �
.,.n.._
xg �'u��r- �rt-. �
+ - .. E
; ...�..,...�..w..._�� . i
� . . C','�On���:.��
; ::.::.::: :: :::_.: __._ .. ... ....._ w.._._...�.. _.w..........ti..�.
ti
�
ti
rn
�
�
r--I
�
U
�
cd
�
t�
�
�
a�
r�
� ,�.i
�
�
•,-I
U
�
e