[HISTORY: Adopted by the Township Council
of the Township of Medford as indicated in article histories. Amendments
noted where applicable.]
[Adopted 8-26-2008 by Ord. No. 2008-25]
Pursuant to N.J.S.A. 43:15C-2, the following
positions are deemed eligible and shall participate in the Defined
Contribution Retirement Program:
A.Â
Township Council.
B.Â
Township Manager.
C.Â
Director of Recreation.
D.Â
Director of Municipal Utilities.
E.Â
Director of Public Works.
F.Â
Director of Public Safety.
G.Â
Superintendent of Public Works.
H.Â
Superintendent of Utilities.
I.Â
Municipal Prosecutor.
J.Â
Public Defender.
K.Â
Municipal Court Judge.
Individuals serving in the following positions
are exempt from Defined Contribution Retirement Program membership,
pursuant to N.J.S.A. 43:15C-2:
Notwithstanding the above, individuals who are
already enrolled in a Public Employees Retirement System (PERS) position
may continue Defined Contribution Retirement Program their PERS position
when serving in a Defined Contribution Retirement Program position
as long as employment is continuously according to the law.
This article shall be implemented, construed
and subject to the aforesaid Chapter 92 of the Laws of 2007 (N.J.S.A.
43:15C-1 et seq.), as amended from time to time, and any regulation
or guidance documents from the Local Finance Board or the Division
of Pension and Benefits.
[Adopted 2-23-2010 by Ord. No. 2010-1]
This article shall be known as "Retirement, Article II, Post-Retirement Health Benefits."
The Township of Medford does hereby commit to assist employees
of the Township by providing post-retirement health benefits as authorized
by N.J.S.A. 40A:10-22 et seq. The Township Council recognizes and
values the hard work and commitment of these Township employees. The
Township Council also realizes that post-retirement health benefit
costs are on the rise and, under the authority of N.J.S.A. 40A:10-22
et seq., implements this chapter to provide qualifying employees post-retirement
health benefits.
A.Â
The Township of Medford shall pay the entire cost of post-retirement
health benefits for the retiree and his/her dependents only when the
employee has worked 25 years or more in a state or locally administered
retirement system and 20 continuous years or more of service with
the Township of Medford. Post-retirement benefits includes Medicare
reimbursement.
B.Â
Post-retirement benefits is defined to only include medical benefits.
Dental and vision are not a post-retirement health benefit.
A.Â
An employee is not eligible for post-retirement health benefits under
this chapter, if the employee is eligible, or becomes eligible, for
health benefits under any other private, state or federal health benefits
plan.
B.Â
An employee is not eligible for post-retirement benefits under this
chapter, if the employee is eligible, or becomes eligible, for health
benefits under a spouse 's health plan at no additional cost
to the spouse or the employee.
C.Â
If the employee at retirement elects not to be covered by the Township
and their lifestyle changes, such as a death of a spouse or divorce,
which eliminates their eligibility from the Group Health Benefits
Program, they are eligible to apply for benefits under the Township
plan at that time. The employee must complete the necessary documents
and forward them to the Township within 30 days of the lifestyle changes.
D.Â
Post-retirement health benefits shall cease at the employee's
death to any dependants, including the employee's spouse.