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10 7,
<br />*r
<br />Elk River Fire Department Relief Association
<br />TaEble LS -16
<br />Approved by City Council, July 6, 20,15
<br />I
<br />EFFECTIVE
<br />$5,510 BENEFIT LEVEL
<br />Formula (Years X Level X Percentage)
<br />Years of
<br />$ Level Percentage
<br />Amount
<br />Service
<br />5
<br />$5,510 40%
<br />$11,020.00
<br />6
<br />$5,510 44%
<br />$ 14,546.40
<br />7
<br />$5,510 48%
<br />$18,513.60
<br />,8,
<br />$5,510 52%
<br />$22,921.60
<br />9
<br />$5,510 56%
<br />$27,770.40
<br />10
<br />$5,5,10 60%
<br />$33,060.00
<br />11
<br />$5,510 64%
<br />$38,,790.40
<br />12
<br />$5,510 68%
<br />$44,961.60
<br />13
<br />$5,510 72%
<br />$51,573.60
<br />14
<br />$5,510 76%
<br />$58,626.40
<br />15
<br />$5,510 80%
<br />$'66,120.00
<br />16
<br />$5,510 8,4%
<br />$74,654.40
<br />17
<br />$5,510 88%
<br />$82,429.60
<br />18
<br />$5,516 92%
<br />$91,245.60
<br />19
<br />$5,510 96%
<br />$100,502.40
<br />20
<br />$5,510 100%
<br />$110, 200.00 BASE
<br />21
<br />BASE + $5,510
<br />$1 15,716.66
<br />22
<br />BASE+ $11,020
<br />$121,220.00
<br />23,
<br />BASE + $16,53'6
<br />$126,730.00
<br />24
<br />BASE + $22,040
<br />$132,240.00
<br />25
<br />BASE + $27550
<br />$137,75,0.00
<br />26
<br />BASE + $33,060
<br />$143,266.66
<br />27
<br />BASE + $3,8,570
<br />$148,770.00
<br />28
<br />BASE + $44,080
<br />$154,286.66
<br />29
<br />BASE+ $49,590
<br />$15,9,790.00
<br />36
<br />BASE + $55,166
<br />$1 65,300.00
<br />31
<br />BASE + $60,610
<br />$170,810.00
<br />32
<br />BASE + $66,,120
<br />$176,326.66
<br />
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