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HomeMy Public PortalAboutr 14-143n- chitton of 14P Po of &rlml, � T. No 14 -143 Date of Adoption y 10, 2014 RESOLUTION OPPOSING A -3199, INCREASING CERTAIN Pn ^ RS ANT) SPRS BENEFITS WHEREAS, A -3199 under current law, the Police and Firemen's Retirement System (PFRS) and the State Police Retirement System (SPAS) provides that upon the death of any member of the retirement system while in active service or after retirement, the member's widow or widower receives a pension of 50% of final compensation; and WHEREAS, this bill increases the survivor's pension death benefit from 50% to 60% of the final compensation; and WHEREAS, this bill also extends the age for children to be eligible to receive a survivor's death benefit under PFRS and SPRS from 18 to 22 years of age; and NOW, THEREFORE, BE IT RESOLVED, that the Mayor and Council of the Borough of Carteret strongly oppose A -3199; and BE IT FURTHER RESOLVED, that a copy of this resolution be transmitted to the Governor of the State of New Jersey, Senator Joseph Vitale and Assemblymen John Wisniewski and Craig Coughlin, Assemblyman Gilbert "Whip" L. Wilson and the New Jersey State League of Municipalities. Adopted this 10 day of July, 2014 and certified as a true copy of the original on July 11, 2014. KATHLEEN M. BARNEY, Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMIA,N YES NO NV A.6. BRITM X RM m X X X Pf�t — X X X - helicme Vote As - Absent NV - Not Voting XOR- Indcmes Vote to 0, ermle Veto Adopted at a meeting of the Municipal Council x Jul 10 2014