[Ord. No. 9-13-88]
The Borough of Monmouth Beach sponsors a New Jersey Group Health Insurance Plan, consisting of Medical, Dental and Prescription Benefits for its Municipal Employees and the Borough, in its discretion, is authorized by law (N.J.S.A. 40A:10-17, et seq.) to assume the cost of such coverage for retired employees who qualify.
[Ord. No. 9-13-88]
The Municipal Chief Financial Officer is hereby authorized to pay all of the premiums for the New Jersey Group Health Insurance Plan which, as of the date of this section, consists of Medical, Dental and Prescription Benefits, on behalf of all Municipal employees who have retired on a disability pension or have retired after 25 years or more of service credit with the Borough of Monmouth Beach, including the premiums for their dependents, if any.