HomeMy WebLinkAboutresolution.council.037-83RESOLUTION # ~
SERIES OF 1983
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORAOD, STATING THE CITY'S
INTENT TO WITHDRAW FROM THE COLORADO FIRE
AND POLICE PENSION ASSOCIATION
WHEREAS, the City of Aspen is presently maintaining police
employees in the state Fire and Police Pension Association; and
WHEREAS, the Police Chief has directed the Personnel Director
to investigate alternative pension plans for the purpose of improving
their current benefit package; and
WHEREAS, the City of Aspen wishes to exercise control of the
cost of funding a retirement program for said employees; and
WHEREAS, the affected police and fire employees of the City
of Aspen have expressed a strong interest in establishing a alter-
native to the current state pension plan;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO, THAT:
Section !. The City of Aspen intends to withdraw from the
State of Colorado Fire and Police Pension Association for the
purpose of establishing an improved and greater cost effective
retirement plan.
Section 2. Notice of intent to withdraw is filed pursuant
to Colorado Revised Statutes 31-30-1003.2, as amended, with intended
date of withdrawal from the Fire and Police Pension Association
hereby set at January 1, 1985.
Dated: ,/~~ /'~, /~
I, Kathryn S. Koch, hereby certify that the foregoing is a
true and accurate copy of that resolution adopted by the City Council
of the City of Aspen, Colorado, at a meeting held on the .~ day
of ~t~ ~ , 1983.