[Adopted 8-20-1999 by Ord.
No. 1999:809]
A Length of Service Awards Program (LOSAP) is hereby created in accordance
with Chapter 388 of the Laws of 1997 to reward members of the volunteer firefighters and ambulance
squad members for their loyal, diligent and devoted services to the residents
of Borough of Closter.
The LOSAP shall provide for fixed annual contributions to a deferred-income
account for each volunteer member that meets the criteria set forth below;
that such contributions shall be made in accordance with a plan that shall
be established by the Borough of Closter pursuant to P.L. 1997, c. 388; and
that such plan shall be administered in accordance with the laws of the State
of New Jersey, the United States Internal Revenue Code and this article.
The LOSAP shall provide for annual contributions to each eligible member
that meets the criteria as follows:
A. One hundred points are required for a member to be eligible
for an annual contribution.
B. Five years of service are required for vesting.
C. The annual contribution to an eligible member of the
Fire Department shall be $200 to $700 on a sliding-scale basis.
D. The annual contribution to an eligible volunteer service
(ambulance) corp member shall be $600 per member.
The estimated cost of the program has been calculated as follows:
A. For regular annual services: $34,000 per year.
Each active volunteer member shall be credited with points for volunteer
services provided to the volunteer fire company/ambulance squad in accordance
with the following schedule:
A. Fire Department: see Schedule A.
B. Ambulance and Rescue Squad: see Schedule B.
That this article shall not take effect unless it is approved by voters
as a public question at the next general election.