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10.01 - Fire Relief Association Request to Increase Annual Benefit Level from $1,800 to $2,500
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2004
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07-06-2004 Council Meeting
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10.01 - Fire Relief Association Request to Increase Annual Benefit Level from $1,800 to $2,500
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Form SC-04 PEQUOT LAKES / Page 3 <br /> Unpaid Installments <br /> �.-- Entry Separation 2004 Estimated 2005 Estimated <br /> Name Date Date Liability Liability <br /> Calculation of Normal Cost <br /> 2004 2005 <br /> Total Active Member Liabilities 417,150 468,850 <br /> Total Deferred Member Liabilities and Unpaid Installments 148,576 148,576 <br /> Grand Total Special Fund Liability 565,726 B 617,426 <br /> Normal Cost (Cell B minus Cell A) I cl 51,700 <br /> Projection of Net Assets for Year Ending December 31,2004 <br /> Special Fund Assets at December 31,2003 (RF-03 ending assets) 1 408,249 <br /> Projected Income for 2004 <br /> State Fire Aid D 25,083 <br /> Municipal/Independent Fire Dept. Contributions E 26,264 <br /> Interest/Dividends F 6,370 <br /> Appreciation/(Depreciation) G 32,446 <br /> Member Dues H <br /> Other Revenues I <br /> Total Projected Income for 2004 (Add Lines D through 1) 2 90,163 <br /> Projected Expenses for 2004 <br /> Service Pensions J <br /> Other Benefits K <br /> Administrative Expenses L 2,053 <br /> Total Projected Expenses for 2004 (Add Lines J through L) 3 2,053 <br /> Projected Net Assets at December 31, 2004 (Add Lines 1 and 2,subtract Line 3) 4 496,359 <br />
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