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HomeMy WebLinkAbout1980-01-14 71 AH ORDER]1 AN Introduced by Councilor Soucy, January 14, 1980 CITY OF BANGOR (TITLE) (0rb9Ta__paio state Retirement'Benefits -_Police Officers WHEREAS, the City of Bangor, by prior action of its City Council, has provided special retirement benefits to police officers equal to one-half of their average final compensation after having completed twenty (20) years of service with the City of Bangor{ and NNSgNgN, the City Council and Teamsters local Union No. 48, have agreed through the collective bargaining process to change said benefits asthey may apply to police officers hired after January 14, 1980 to increase the period for qualifying for such special benefits to twency-five (25) years of service with the City of Bangor NW, MMM , By the City Council of the City of Bangor: ORDERED, THAT the City of Bangor does hereby adopt, pursuant to 5 M.R.S.A. 4.1092(3), in lieu of retirement benefits otherwise provided antler the Naive State Retirement System, retirement benefits for all persons hired after January 14, 1980 as police officers for the City of Bangor equal to one-half of their average final compensation after having completed twenty-five (25) years of service with the City of Bangor, and be it further ORDERED, THAT the Personnel Director is hereby authorized and directed to take all necessary ary action to implement the Change provided herein and to notify the proper authorities of the Maine State Retirement System of this action. It City Cowcil Semuazy 14,1080 11 m Passed o R U e R ` Tine, _ JAH, 10 P327 ...Maine State Retirement CITY C L dBANoP /�lA.( ..................:.......... . OF BANK �x� Benefits Police officers CIEY CLERK City Clerk Introdue aelA Hle Corm. ' �__.