I fully support funding firefighter pension funds, but wonder why it has to be done by making insurers pay a premium tax? Why can’t this be done by increasing property tax? After all, firefighters protect property owners.
The implied rationale, if I am understanding the article correctly, is that many communities in Oklahoma are ranked as 9 or 10 Protection Classes which is based on various factors including the distance to Fire Departments. How does bringing the Firefighters Retirement Fund up to 90% full funding over the next 30 years impact Protection Class ranking by ISO?
I fully support funding firefighter pension funds, but wonder why it has to be done by making insurers pay a premium tax? Why can’t this be done by increasing property tax? After all, firefighters protect property owners.
The implied rationale, if I am understanding the article correctly, is that many communities in Oklahoma are ranked as 9 or 10 Protection Classes which is based on various factors including the distance to Fire Departments. How does bringing the Firefighters Retirement Fund up to 90% full funding over the next 30 years impact Protection Class ranking by ISO?