[HISTORY: Adopted by the Mayor and Council
of the Borough of Northvale 8-24-1999 by Ord. No. 744-99. Amendments noted where
applicable.]
GENERAL REFERENCES
Fire Department — See Ch. 18.
A Length of Service Awards Program (LOSAP) is
herewith created in accordance with Chapter 388 of the Laws of 1997[1] to reward members of the Volunteer Fire fighters and Ambulance
Corps members for their loyal, diligent and devoted services to the
residents of the Borough of Northvale.
[1]
Editor's Note: See N.J.S.A. 40A:14-183 et
seq.
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 Borough
of Northvale pursuant to P.L. 1997, c. 388; and that such plan shall
be administered in accordance with the laws of the State of New Jersey,
the United States Internal Revenue Code and this chapter.
The LOSAP shall provide for annual contributions
to each eligible member that meets the criteria as follows:
A.
Achieves minimum service levels to be eligible for
an annual contribution.
B.
Five years of service are required for vesting.
C.
The amount of the 2016 annual contribution for each
eligible member shall be $843.29.
[Amended 5-12-2016 by Ord. No. 960-2016; 3-8-2017 by Ord. No. 971-2017]
D.
Beginning in the year 2017, the annual contribution for each eligible
member shall automatically be increased by the same amount as the
percentage increase in the consumer price index factor as set by the
Director of the State of New Jersey, Division of Local Government
Services.
[Added 5-12-2016 by Ord.
No. 960-2016; amended 3-8-2017 by Ord. No. 971-2017]
A.
The LOSAP shall provide for contributions as credit
for no more than 10 years of prior services for each eligible volunteer
in accordance with the following schedule:
LOSAP Prior Service Schedule
| ||
---|---|---|
Number of Years Prior Service
|
Contribution
| |
1
|
$ 600
| |
2
|
1,200
| |
3
|
1,800
| |
4
|
2,400
| |
5
|
3,000
| |
6
|
3,600
| |
7
|
4,200
| |
8
|
4,800
| |
9
|
$5,400
| |
10
|
6,000
|
B.
Prior service shall include volunteer membership and
participation in the Northvale Fire Department and the Northvale Volunteer
Ambulance Corps.
The estimated cost of the program has been calculated
as follows:
Each active volunteer member shall be credited
for one year of volunteer service provided to the Volunteer Fire Department
or Ambulance Corps in accordance with the following schedule:
A.
Fire Department: see Schedule A.[1]
[1]
Editor's Note: Schedule A is included at the end of this chapter.
B.
Ambulance Corps: see Schedule B.[2]
[2]
Editor's Note: Schedule B is included at the end of this chapter.