A Length of Service Award Program (LOSAP) is
herewith created effective January 1, 2000, in accordance with Chapter
388 of the Laws of New Jersey 1997 (N.J.S.A. 40A:14-183 et seq.) to
reward members of the South Plainfield Volunteer Fire Department and
South Plainfield Volunteer Rescue Squad for their loyal, diligent
and devoted services to the residents of the Borough of South Plainfield.
The LOSAP shall provide for fixed annual contributions
to a deferred income account for each volunteer member that meets
the criteria set forth below. Such contributions shall be made in
accordance with a plan that shall be established by the Borough of
South Plainfield pursuant to P.L. 1997 C. 388; and such plan shall
be administered in accordance with laws of the State of New Jersey,
the U.S. Internal Revenue Code and this article.
[Amended 3-15-2005 by Ord. No. 1690; amended 12-6-2021 by Ord. No. 2216]
A. The maximum
amount of contributions per volunteer shall be $ 1,787.00 for the
year 2021.
B. The maximum
amount of contributions shall be adjusted in accord with the Annual
Consumer Price Index, which adjustments shall be calculated on an
annual basis by the Director of the Division of Local Government Services.
The LOSAP shall provide for annual contributions to each eligible
member that meets the criteria as follows:
A. Volunteer Fire Department. Attendance at all calls
and alarms for members of the South Plainfield Volunteer Fire Department
as per Schedule A attached hereto.
B. South Plainfield Rescue Squad. Attendance at calls
and alarms for volunteers of the South Plainfield Rescue Squad as
per Schedule B attached hereto.
[Amended 12-6-2021 by Ord. No. 2216]
The estimated cost of this program has been
calculated as follows: For regular services, excluding administration,
not to exceed $100,000.00.