A length of service awards program (LOSAP) is
herewith created in accordance with Chapter 388 of the Laws of 1997
to reward volunteer fire fighters of the Reliance Fire Company and
volunteer members of the American Legion Ambulance Association for
their loyal, diligent and devoted services to the residents of the
Township of Pilesgrove.
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 Township
of Pilesgrove pursuant to P.L. 1997, N.J.S.A. 388; and that such plan
shall be administered in accordance with the laws of the State of
New Jersey, the U.S. Internal Revenue Service Code and this chapter.
The LOSAP shall provide for annual contributions
to each eligible member of the Reliance Fire Company and the American
Legion Ambulance Association who, in accordance with the bylaws of
their organization, attains not less than 85 points in accordance
with Schedule A, attached hereto, during the calendar year. Due to the fact that the Reliance Fire Company and the
American Legion Ambulance Association also services the Borough of
Woodstown, there may be a separate contribution provided by the Borough
of Woodstown. Each member who qualifies shall receive a maximum of
$800 for a full year of service. The benefit shall be funded at a
rate of 1/2 by the Township of Pilesgrove and 1/2 by the Borough of
Woodstown. The exact amount of the benefit shall be based on the number
of members who attain not less than 85 points. Any member who shall
serve for less than one year shall have his or her benefit prorated
based upon the length of service in that year.
The LOSAP shall provide for contributions as
credit for no more than 10 years of prior years services for each
eligible volunteer in accordance with the following schedule:
A. Each eligible member of the Reliance Fire Company
and the American Legion Ambulance Association with 10 years or more
of eligible service credit shall receive a maximum of $1,000 for such
credit, payable at a maximum rate of $200 per year. The benefit shall
be funded at a rate of 1/2 by the Township of Pilesgrove and 1/2 by
the Borough of Woodstown.
The estimated cost of the program has been calculated
as follows:
A. For regular annual services: $56,000 per year, funded
at a rate of 1/2 by the Township of Pilesgrove and 1/2 by the Borough
of Woodstown;
B. For contributions for prior year's service: $14,000
per year for an estimated five years funded at a rate of 1/2 by the
Township of Pilesgrove and 1/2 by the Borough of Woodstown.
Each active volunteer member shall be credited
with points for volunteer services provided to the Reliance Fire Company
and the American Legion Ambulance Association in accordance with the
following schedule: See attached Schedule A.
This chapter shall not take effect unless it
has been approved by the voters of the Township of Pilesgrove as a
public question at the general election.
Since the Reliance Fire Company and the American
Legion Ambulance Association provides services in two municipalities,
separate LOSAP programs must be established in each municipality using
the same point system and benefit plan. Pursuant to state regulations,
these LOSAP programs will be coordinated through an interlocal agreement
to be adopted between the Township of Pilesgrove and the Borough of
Woodstown in which the Borough of Woodstown will serve as the lead
agency. Said interlocal agreement will provide for a common contractor
to implement the established benefit plan.