229986ORIGIti,&L TO CITY CLERK 224986
CITY OF ST. PAUL FILE NO. NO.
OFFICE OF THE CITY CLERK
O NCIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
WHEREAS, the Health and Welfare and Insurance Committee
of the City of Saint Paul, at its meeting on the 10th day of
August, 1966, by motion unanimously adopted by all members of
said committee present at such meeting, determined to recommend
to the Council the adoption of a policy whereby the City would
match employee "buy- back" of past service credits, which is
authorized by the 1965 amendment to the Public Employees Re-
tirement Act,which permits the governing body of a municipality
to assume the obligation of matching employee "buy- back" of past
service credits if the municipality, acting through its governing
body, determines to do so; now, therefore, be it
RESOLVED, That the Council of the City of Saint Paul hereby
determines on the part of said City to assume the obligation of
matching employee "buy- back" of past service credits as authorized
pursuant to the provisions of Minnesota Statutes 1965, Chalker 353,
the Public Employees Retirement Act.
FQR PPROVED / I
Asst. Cor ion Coun et
11966
COUNCILMEN Adopted by the Council 19—
Yeas Nays 5Ep 11966
Carlson
Dalglish proved 19—
Holland
Meredith In Favor djj��
Peterson Mayor
Tedesco Against
Mr. President, Byrne PUBiI➢sm SEP 3 1966
• r 22
~ 229986
DUPL'SC�TE TO PRINTER '
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE _
WHEREAS, the Health and Welfare and insurance Committee
of the City of Saint Paul, at its meeting on the 10th day of
August, 1966, by motion unanimously adopted by all members of
said committee present at such meeting, determined to recommend
to the Council the adoption of a policy whereby the City would
match employee "buy -back" of past service credits, which is
authorized by the 1965 amendment to the Public Employees Re-
tirement Aet,which permits the governing body of a municipality
to assume the obligation of matching employee "buy -back" of past
service credits if the municipality, acting through its governing
body, determines to do so= now, therefore, be it
RESOLVED, That the Council of the City of Saint Paul hereby
determines on the part of said City to assume the obligation of
matching employee. "buy -back" of past service credits as authorized
pursuant to the provisions of Minnesota Statutes 1965, Chapter 353.,
the Public Employees Retirement Act.
COUNCILMEN SEP 11966
Adopted by the Council 19_
Yeas Nays
Carlson
SEP 11966
Dalglish
Approved 19—
Holland
Meredith In Favor
Peterson Mayor
Tedesco Against
Mr. President, Byrne
as
• Sept,' 8, .1966
Public Employes Retirement Association
Centennial Office Building
Saint . P&uli ,.Minnesota - -
Gentlemen
- Enclosed is a certified c of a re o ution, Council File:
No. 229986, adopted September -1st, 1966, eference to the my's
assuming the obligation of ma g ee back" of past service
credits, -as -more -fully set therein,
Very truly yours,
City Clerk
ng _ y
OFFICE OF THE CITY COMPTROLLER,
SAINT PAUL 56102. MINNESOTA'
•�i(T
109 CITY HALL
JOSEPH J. MITCHELL C dtdt ;/ JOSEPH P. LA ,NASA
CITY COMPTROLLER LU' a-c�, 16 � " ,w DEPUTY CITY COMPTROLLER
# August 13, 19165
r ble
itona a ):lsyor and llmbors of the City Councils !
Re: Ldmca Q_the r a tg_z =12Y-21111-
+ aa Q the obli 1t iori of jagtch ny..n in1=Q3 t' v.•) a �'1 eP.„npa a4•d a!z rIxedits
Centlemen: k
The'intention of this letter .La to 41dvisn the Council of an aniendmant by the
last le &ialaturc to the rublic Limpicycoi RCtiremanL• Act which will allow employees to �
fain contributory credit in the retircraent fund covering pant public service rendered
as a 'public employea' as defined. by ^Inw.
In order to acquire such n1lowable service crec.it, a member is required to
I pay employee couLributiona at the rote of A of salary not mxecdink y4,500.00 in any
calendar ycrr through June 30, 1965, and at 'the same rate but I,miLed to a salary of
$6,000.00 per year thereafter plus 4% interest thereon cognot1ndc d annually., The , p
employce must then match that amount or, an an alternative to t1lb employecs obligation
to P4Y the catching amount, the employer may pny. L•ho' came.' fit the time of payrlent by
the employee or prior to the payment- by the craployee, the employer racy certify to the = '
Retirement A32ociation in writing that it kill �� f 1
r p.,J llle watching amount from the proceeds
of a tax levy. The official records of the governing body should reflect ::he Couneil'o
policy.
Since thin change in the rublic rmployeea Retiresient Act could affect the re•'�'-
_tirement of City of Saint Paul employeas, I would suEgoat that the Council consider.
this matter in the very near €uture..p
{. ''� , - ; f = .. ; :�' • Sincerely yours, v
JO.,rPi1 J. MZxCRELL
City Comptroller
it
JJM:m2
zj
• ' - rd`s - ' �./ f - e.�''� '•', , i i= ,'. I
BOARD OF TRUSTEES
Elected:
GEo. A. ANDERSON, Highway Engineer
Sibley County, Gaylord, Minn.
HAROLD H. DRews, Business Administrator
Independent School District No. 544
Fergus Falls, Minn.
H. J. FoasBaRa Asst Sup't for Business
Affairs and Berk of Board of Education
of the City of Duluth
Duluth, Minn.
KENNETH F. MCNULTY
Assistant Land Commissioner
Hennepin County, Brooklyn Center, Mini.
ALBERT M. NELSON, Assistant Secretary of
Water and Light Department
Brainerd, Minn.
HARRY NEWBY, Register of Deeds
Carlton County, Carlton, Minn.
JOSEPH C. PAGE, Clerk of Court
Winona County, Winona, Minn.
PAUL G. PREINER
Clerk of Municipal Court
City of St. Paul, St. Paul, Minn.
LEONARD I. THEoBALD, Land Commissioner
St. Louis County, Duluth, Minn.
STATE OF MINNESOTA
Ij
Public (Implopeeo Retirement
���oci�tiot�
CENTENNIAL OFFICE BUELDING
658 CEDAR MMEET
SAINT PAUL, MINNESOTA 55101
TELEPHONE 221 -3331
AREA coDB 612
September 13, 1966
Mr. Harry E. Marshall,; Clerk
City of St. Paul
386 City Hall
St. Paul, Minnesota 55102
Dear Mr. Marshall:
BOARD OF TRUSTEES
Statutory:
STAPFoRD KrNG, State Auditor
JOE HAVESON, Acting Insurance Commissioner
VAL B.roRNsoN, State Treasurer
OFFICERS
PAUL G. PREINER, Chairman
HAROLD H. DREws, Ylce Chairman
VAL BJoRNsoN, Treasurer
O. M. OUSDIGIAN, Secretary
(Mss.) C. M. MEERAN, Asst. Secy.
In reply please refer to No
We greatly appreciate your prompt attention in forwarding
to our office, certified copy of resolution adopted by the
Council of the City of St. Paul on September 1, 1966.
Therein it is indicated that the city will assume the obli-
gation to make the matching payment in connection with any
"buy- back" made by members of the Public Employees Retire-
ment Association, covering prior public service rendered
for the City of St. Paul, pursuant to M. S. 1965, Chapter
353.
If we can be of any service to you in the future, we will
deem it a pleasure to hear from you.
OMO:cp
Yours very sincerely,
PPUf-BLIC EMPLOYEES RETIREMENT ASSOCIATION
Secretary
61