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FIRE DEPARTMENT HOUR AND PAY HISTORY <br />• Total <br />Year Hours x 58/hr State Aid City Cont. Total Hourly Pay <br />1986 2,227 17,816 26,997 11,000 55,813 25.06 <br />1987 3,945 31,560 30,837 11,000 73,397 18.61 <br />1988 2,963 23,704 33,509 15,000 72,213 24.37 <br />1989 3,103 24,824 36,297 15,000 76,121 24.53 <br />1990 5,039 40,312 38,221 18,100 96,633 19.18 <br />1991 4,032 32,256 38,907 19,000 90,163 22.36 <br />1992 5,171 41,368 38,590 19,000 98,958 19.14 <br />1993 5,277 42,216 38,514 19,000 99,730 18.90 <br />1994 5,907 47,256 41,526 19,000 107,782 18.25 <br />AVERAGE 521.16 <br />DEFINED CONTRIBUTION <br />Annual Revenue Allocation Requirements <br />• Per Minnesota Statute 424A.02 Subd. 4 <br />Relief Association revenues must be distributed in the following manner: <br />Each individual member account shall be credited a right to an equal share of: <br />1. State Aid <br />2. City Contributions <br />3. Forfeited retirement account funds <br />All interest or investment income shall be credited in proportion to each <br />member's account balance. <br />• <br />3/2/95 FIREHRS.XLS <br />