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275572 WHITE - CITY CLERK � �+ PiNK - FINANCE r� CANARY - DEPARTMENT-tJ•DQ�l],n G I TY O F SA I NT PA U L COI1flC1I 2`! a 6� BLUE - MAYOR � File N 0. o ncil Resolution Presented By Referred To Committee: Date Out of Committee By Date WHE�2EAS, Council File �267621 provides health and welfare covera,ge for early retirees who are receiving a pension at the time they retire, and WHEREAS, some retirees, although eligible to draw their pension at the time they retire, choose to i,rithdraw their proceeds in one lump sut�, now there�ore be it RESOLVID, Council Fil.e �267621 be amended to read under "Eaxly Retirees" (under a,ge 65) #3 from " (3) Be receiving benefits from one of the City's Public E4rlployee Retirement Acts. (This does r:ot include a deferred rension or annuit5-. ) " to " (3) Be eligible to receive a benefit at the date of retirement f�om one of the City's Public E4rrployee Retirement Acts. (This does not include a deferred pension or annuity.) 't COU[VCILMEN Yeas Nays � Requestgd by Department of: Hunt ���r,e In Favor nnedaoX � nncnnanoo _ Against BY Showa�ter — Tedesco IN'i4so� (� n SEP 2 �38u Form prove y C� Attorney Adopted Council: Date Certi ed Yass y Co cil Sec tary BY � . Ap ed y : vor: Dat J Ap d by Mayoc s on to Council gy B �li�� S E �. . i �,-=�� -. CzT�� v� ���.��� ��..��., ��'�`V�'�''` ����''�`� � �.�';;� ,�,Uii �1` OFF'I�E Or 1•F:Z+� CITY C07�CTL � �v ,a i/ � �';` ;'._ � /.`.. __�':1 �..:1 4 ���� `-' :� ; � i:::� -:�:�.... c _-`•� :�.'_rj �_� . ��,~ .��' Date : August 29, 1980 _ ,_ .� . - �,� _�- G fl �!� �'�� 1 1 T � '�'L '�'`� � �' � � � - �' 0 : Sain� Poui Cif;� Cou��it -- - -�r . '��Q � = Cflii"litil�'$2� Otl FINAf`JCE; h1lXNAGEMENT & PERSONfVEL � . � George P�cMahnn ; chaifman, makes tf�a fotta��ing report dn �.F. �� � ardirance � (4) X� Resofu�ion � � - � Q'rher . �' ITLE : - At its meeting of August 28, 1980, the Finance Cammittee recommended approval of the following: 1 . Resolution transferring $15,000 from Contingent Reserve General to City � Attorney .Administration. fo�r retaining services of bond counsel for St. Paul District-Heating .Project. (11167-GM) � 2. Resolution authori�ing City Attorney to conclude retainer arrangement with - � Briggs & Morgan for St. . Paul District Heating Project. � � � - 3. ResaTution providing insurance to those .employees who would be eligible for . pension; bu� who wi�hdraw their money in a lump sum. (11255-G��) � 4. Resolution transferring $6,624.44 from Contingent. Reserve to Operat7on and . � - Maintenanee, Departme.nt of Community Services, ta cover expenses incurr�d _ for-Gity's 125th Anniversary celebration. (11269-rM) . CtTY �LL SE�'Eh'T�i FLOOR S:lI1T P�LZ, A�II�;ti'FSOTr�, 5510' i � . . . . �"6y � EXPLANATION OF ADMINISTRATIVE ORDERS, RESOLUTIONS, AND ORDINANCES ����� Date: � '° � �' " �'�: � � 8-1-8o i � �• • '� �'.:� 7 �a�^ MA'�OR�S O��C'� T0: MAYOR GEORGE LATIMER FR: Personnel Off�,ce RE: Resolution for submission to City Council ACTION REQuESTEA We recommend your approval and submission of this Resolution to the City Council. PURPOSE AND RATIONALE FOR THIS ACTION: . To provide insurance to those employees who would be eligible for pension but who withdraw their �oney in a lump sum. ATTACHI�IENT S: Proposed resolution.