HomeMy WebLinkAbout1969 Ordinance No. 044I
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Introduced •• a Bill by councilman Lone.
Bl' AUTBORift
ORDillAllCB 80. 44, SBRIBS OP 1969
All ORDDIAllCB IllCRBASDIG '1'llB PBRCBR'l'AGB SALARY DBDUCTIOB FOR 'l'BB
PU.m's PBRSIOB PUllD 'ft) "'AllD DBCLARillG All BllBRGBRCY.
1111BRBAS, it i• deaaed that in order to improve thf financial condition
of the Pir ... n'• Penaion Pund the aalary deduction should be increased from
the preaent 5" of all gro•• 110nthly earning• in excess of $50.00 to 6% of
all gro•• monthly earning•, and ·
WBBRBAS, •waber• of the paid Pire Department and the Fire Pension
Board believe that a 6" deduction on all gro•• monthly earnings is in the
beat intereat of the Pir .. en'• Penaion Pund.
llOlf, 'l'llBRBPORB, BB IT ORDAIBBD BY 'l'BB CI'l'Y COUNCIL OF '1'HE CI'l'Y OF
BRQL-BllOOD--, COLORADO, aa follow•:
Section 1. comaencing on January 1, 1970, there shall be deducted
from the monthly aalary of each and every paid member of the Englewood Fire
Departllmlt a aua equal to •ix per cent (6") of •aid member's monthly salary
parauant to Article 50, Chapter 139, section 5 (4), COlorado Revised Statutes
1963, u •ended, which •ma •hall be depoaited in the City's Firemen's Pension
Pund. .
~tion 2. 'lhe City council hereby find• and determines that an
....rgency•t•, by reaaon of which thi• ordinance •hall become effective
t ediately upon it• final paaaage.
Introduced, read in full and pa••ed on firat reading a• an emergency
on the firat day of Dectlllber, 1969.
Read by title and pa••ed on final reading •• an emergency on the
15th day of Decellber, 1969. ·
Publi•hed in full a• Ordinance Bo. 44, Series of 1969, on the
18th day of Dec::tlllber, 1969.
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