HomeMy WebLinkAbout1982-10-13 82-258 ORDER82-255
Introduced by Councilor weymouth, October 13, 1982
(BY REQUEST)
CITY OF BANGOR
(TITLE.) W/rbgV,-.-.-...Authorizing.I cxeased. Retirement Benefits fox _...
_-„-,,,.City ofBangor. Retirees .
BkW�6NYab0mrozc
SHAD
WHEREAS, by virtue of Chapter 702, Public Laws of 1982, Part O,
the State Legislature provided for an additional one-time increase
of SOt for each full year of credible service fpr the monthly
retirement allowance of retired teachers, state employees or their
beneficiaries; and
WHEREAS, under said Act recipients of survivor or disability
benefits or other recipients whose benefits are based on criteria
other than length of credible service employed;. in lieu of said
50S benefit, were provided an additional 28 increase in benefits
above their regular percentage increase; and
WHEREAS, said Act is not automatically effective as to former
City employees receiving benefits under the Maine State Retirement
System; and
WHEREAS, Section 5 of said Act authorizes such benefits to be
paid to retired employees of the City of Bangor upon receipt by the
Retirement System of a certified copy of municipal action approving
said increaseanda statement of agreement providing for payment of
said coats; and
WHEREAS, it has long been the practice of the City of Bangor to
grant to City retirees the same benefits as accrue to local teachers
and state employees under said Retirement System,
NOW, THEREFORE, By the City Council of the City of Bangor:
ORDERED, THAT effective October 1, 1982, the Maine State
Retirement System is hereby authorized to pay increased retirement
benefits to farmer City of Bangor employees or their beneficiaries, a
authorized under Chapt. 702, P.L. 1982, Pt. D, Sees. 1 and 4; and be it
further
ORDERED, THAT the City Manager is hereby authorized and directed
to provide for a similar benefit for all former employees of the City,
or their beneficiaries, who are not members of the Maine State
Retirement System and who are receiving pension benefits under the
82-258
In City Council October 13,1982 0 k 0 e F
Councilor Brown Abstained Title,
Passed Author Fz 1 n `g ngaae d,Ref recount
iene Ql(s for City o£ Be ngor Ref Frees
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so-called City's pension system; and be it further
ORDERED THAT the City Manager is hereby authorized and directed
to take all necessary additional action, including the signing of
all required agreements with the Maine State Retirement System,
for purposes of providing said increased retirement benefits for
said retirees.
Statement of Fact: Based on current salary levels, the increase of
.27% in the City contribution rate would annually
Cost as follows:
City payroll '$22,500
School payroll (non -teacher) 3,000
City Pensioners 3,000
Bangor Housing Authority 1,050
Bass Park Corporation 400
29,
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