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Newsletter Archives: December 2001

To: Pension Recipients
From: Bill Stefka
Date: December 12, 2001
Re: 2.1% COLA Effective January 1, 2002/Trustee Election Results

Dear Pension Recipients:

Following actuarial certification as to its affordability, a 2.1% COLA has been approved for all pension recipients effective January 1, 2002. This is based on the CPI-U measurement of inflation from October 2000 to October 2001. This increase will be effective with your January 2002 pension payment to be made at the end of January 2002 for that month.

The recent trustee election results for the trustee position whose three (3) year term begins in January, 2002 are as follows:

Randy L. Aylieff: 564
Richard G. Thompson: 115
Your pension board appreciates the response from our retired firefighters in this election. Congratulations go out to Randy Aylieff who will begin his third 3-year term on the pension board. The Board also appreciates Richard Thompson who ran for this position.

Since our last update we lost retiree Hugo L. Johnson who passed away November 2, 2001. Mr. Johnson was 71 years old and is survived by his wife Velma. Mr. Johnson was in the benevolent fund. A benevolent fund reminder from Gary Pounds is enclosed for your reference.

On behalf of your pension board, Linda Adney and I want to wish all of you a Safe and Happy Holiday Season!

Sincerely,

William E. Stefka
Administrator