[HISTORY: Adopted by the Common Council of
the City of Linwood 8-13-2003 by Ord. No. 18-2003. Amendments noted
where applicable.]
GENERAL REFERENCES
Fire Department — See Ch. 30.
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 Linwood Volunteer Fire Company No.
1 for their loyal, diligent and devoted services to the residents
of the City of Linwood.
[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 contribution shall be made
in accordance with a plan that will be established by the City of
Linwood 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.
One hundred points are required for a member to be
eligible for an annual contribution (see Schedule A).[1]
[1]
Editor’s Note: Schedule A is included at the end of this chapter.
B.
Five years of emergency service in the Linwood Volunteer
Fire Company No. 1 are required for vesting.
C.
The annual contribution shall be $1,150 per eligible
member.
D.
The annual contribution may be adjusted by the City
of Linwood at its discretion upon the completion of every five years,
rounded to the nearest dollar, in accordance with the allowable consumer
price index factor as set forth in N.J.S.A. 40A:14-185f, as may be
amended.
Prior service years shall be recognized and
credited for vesting purposes only, up to a maximum of five years
of active service.
Should a volunteer die prior to vesting, the
City of Linwood shall award the volunteer’s funds to the estate
of the deceased volunteer.
The estimated cost of the program has been calculated
as follows:
A.
For regular annual services: $23,000 per year.
Each active volunteer member shall be credited
with points for volunteer services provided to the volunteer fire
companies in accordance with the following schedule: (see Schedule
A annexed hereto).
