08.01 and 08.02 - Fire Chief Monthly Report - will be handed out at the meeting

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Wby the State let's you go into the recd 1) Protect us. We could be injured and can't work or death responding on the job. 2) Retire from fire department receiving max retirement. The time a fireman/frewoman retires, the retirement doesn't equal the time spent at fire calls being we are paid per call. People who started early were less. You have to consider the amount of toxins that we breathe over the years that might cause health problems. Example: fireman/firewomen at the World Trade Center forced to retire because of breathing problems. If you were one of them, would you want max retirement or be solvent or surplus. We are lucky so far. Risk to City 1) The city needs to understand about being in the red and realizing the risks and time involved in our job and to support us to receive max benefits. 2) In order for the city to have risks, all fireman/firewomen would have to be severely injured or die. A) Call goes off— not all fireman/firewomen respond B) If all respond—never are there 25 fireman/firewomen entering a house C) We always have pumper operators, tanker drivers, fireman/firewomen back at the hall for support. I have never heard of a whole department being wiped out. D) Lets say a catastrophe happens and the fire department was in the red $100,000.00. If the city council had to raise taxes to cover this, do you think the community would back it? E) The safer our money is, the more lenient the city should be. All retirement funds go up and down. Last year we were down $83,896.00 We should always be in the red somewhat or max by state guidelines. That depends on our investment mix. We are 100% safe and I recommend staying in CD's, bonds or money market account for 1 year.