[HISTORY: Adopted by the Township Committee of the Township of Hamilton 8-30-1999 by Ord. No. 1346-99. Amendments noted where applicable.]
A Length of Service Award Program (LOSAP) is herewith created in accordance with Chapter 388 of the Laws of 1997 (N.J.S.A. 40A:14-183 et seq.) to reward members of the following volunteer fire-fighting/first aid organizations for their loyal, diligent, and devoted services to residents of the Township of Hamilton:
The LOSAP shall provide for fixed annual contributions to a deferred-income account for each volunteer member that meets the criteria set forth below. Such contributions shall be made in accordance with a plan that shall be established by the Township of Hamilton pursuant to N.J.S.A. 40A:14-183 et seq., shall be invested in those investments permitted pursuant to N.J.S.A. 43:15B-3, and that such plan shall be administered in accordance with the laws of the State of New Jersey, the U.S. Internal Revenue Code and this chapter.
This LOSAP shall provide for annual contributions to each eligible volunteer fire company and rescue squad member that meets the criteria as set forth as follows:
Member qualifying for a year of active service, defined as a total of 12 months from January 1 to December 31 of a qualifying year, must earn a minimum of 100 points.
The Chief of each qualified organization shall be the certifying officer. Certifying reports shall be submitted to the Township Clerk no later than March 15 of each year.
[Amended 8-1-2005 by Ord. No. 1537-2005
The estimated cost of the program shall be calculated as follows:
Annual contribution for each eligible member: a minimum of $400 and a maximum of $1,000.
Total annual contribution: a minimum of $93,032 and a maximum of $232,000 per year.
No credit for service rendered prior to the establishment of this service award program shall be provided under this chapter.
No participant in the plan shall be required to make any contribution.
Editor's Note: This ordinance was approved by voters at the 11-8-2005 general election.
This chapter shall not take effect unless it is approved by Township voters as a public question at the next general election.
The following referendum question shall be submitted to the voters of the Township of Hamilton at the November 2, 1999, general election:
All ordinances and parts of ordinances of Hamilton Township heretofore adopted that are inconsistent with any of the terms and provisions of this chapter are hereby repealed to the extent of such inconsistency.
If any section, paragraph, subsection, clause or provision of this chapter shall be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of this chapter as a whole or any part thereof.