As used in this article, the following terms shall have the meanings indicated:
ELIGIBLE MEMBER
Any individual whose name is carried on the active roster of the Ho-Ho-Kus Volunteer Fire Department, was over the age of 45 when joining the Fire Department and is an active or life member.
In the event of the death of a member of the Ho-Ho-Kus Volunteer Fire Department who is not entitled to and who has previously waived the death benefit of the New Jersey State Firemen's Association, the widow, or in lieu thereof, the estate of such deceased firefighter shall be entitled to receive from the Borough of Ho-Ho-Kus an amount equal to the amount of the prorated death benefit which would have been provided by the New Jersey State Firemen's Association at the time of the demise of an otherwise eligible member of the Ho-Ho-Kus Volunteer Fire Department.
Any claim for payment of a death benefit shall be investigated by the Ho-Ho-Kus Fire Department Relief Fund Rules Committee. A report and recommendations, including the amount of the death benefit to be paid, will be presented to the Mayor and Council for its final determination.