[Adopted 6-17-1993 by Ord. No. 93-22[1]]
[1]
Editor's Note: This ordinance also repealed former Art. II, Retirement Benefits, adopted 6-16-1983 as Ord. No. 83-31, as amended.
Effective upon adoption of this article, the Borough of Carteret shall assume the cost of health and/or insurance benefits of any employee:
A. 
Who has retired from the Borough service on a disability pension.
B. 
Has retired after 25 years or more of service with the Borough.
C. 
Has retired from Borough service and reached the age of 62 years or older, with at least 15 years of service with the Borough of Carteret.