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HomeMy WebLinkAbout1753 RESOLUTION NO. 1753 Resolution relating to increase of beneficiary retirement distribution. WHEREAS, the City of Bremerton has accumulated excess funds in its retirement and pension system created under Ordinance 1572, as amended, and: WHEREAS, such fund was created for the benefit of beneficiaries provided thereunder: NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF BREMERTON: That those beneficiaries provided for in the City of Bremerton's retirement and pension system as created by Ordinance 1572, as amended, receive a 10% increase in benefits and that such increase shall be effective as of January 1, 1978. PASSED by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authenti- cation of such passage this 14th day of March , 1978. GLENN K. JARSTAD, Mayor ATTEST: KATHLEEN L. MANDIO, City Clerk