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{ - e . 1 ~, . e e fireman not yet retired plus an additional $4,017 be made annually for the next 20 years through 1995. eontributions of this level should satisfy both of the above criteria. SEeTION III. SPEeIAL STUDIES We have been asked to determine the level of contributions required for you to increase benefits under the plan. We have made such a determination for a plan that provides for an increase in the standard benefits for service and disability retirement from $25 per month to $50 per month for active volunteers, inactive volunteers with 20 year certificates and retired volunteers. Further, death benefits payable to current and future widows will be increased from $16.66 per month to $50 per month. These benefit provisions and their costs are summarized below. For the proposed plan, we have developed the total ~nnual contribution as an amount for each pa~ticipant not yet retired (i.e., for each act~ve fireman and for each .terminated fireman with a 20 year certificate) plus a flat additional amount required to insure the adequacy of the funding of the plan. Present Plan Proposed Plan Standard benefits to participants not yet retired $ $ 25 50 Increase in benefits to retired firemen 0% 100% Increase in benefits to widows 0% 200% Annual eontributions eontributions for each participant not yet retired $ $ 27 58 Flat additional amount 4,017 10,429 Total contributions based on current membership (42 participants not currently retired) 5,151 12,865 - 5 -