[HISTORY: Adopted by the Township Committee
of the Township of Kingwood as indicated in article histories. Amendments
noted where applicable.]
[Adopted 12-2-2008 by Ord. No. 15-27-2008]
The following terms whenever used herein or
referred to in this article, shall have the respective meanings assigned
to them unless a different meaning clearly appears from the context.
The Insurance Fund Commission established by this article pursuant to § 25-4 below.
The three individuals appointed to the Commission by the
Mayor.
The Kingwood Dental/Vision Allowance Fund.
The Committee of the Township of Kingwood.
The Mayor of the Township of Kingwood.
The Township of Kingwood.
There is hereby established an insurance fund
in accordance with the provisions of N.J.S.A. 40A:10-6 et seq. to
be known as the "Kingwood Township Dental/Vision Allowance Fund,"
which is created to provide a noncontributory self-funded dental/vision
benefit allowance to properly qualified employees of Kingwood Township
or their dependents as is more specifically set forth in Kingwood
Township's Employee Handbook. The fund shall be considered a "dedication
by rider" to the budget of Kingwood Township.
[Amended 10-6-2022 by Ord. No. 22-11-2022]
The governing body may designate the maximum
or minimum amount of the Dental/Vision Allowance Fund. At the present
time, the governing body has determined that the annual dental/vision
allowance is $1,300 per year. This amount may be banked by the employee
for future use, year-to-year, without any limitation on the total
amount which may be banked. Any unused banked funds revert back to
the Township when employment ceases.
There is hereby established an Insurance Fund
Commission consisting of three Commissioners.
A.
Appointment. The Commissioners shall be officials
of the Township who may be members of the governing body, shall be
appointed by the Mayor and shall serve without compensation. The Commissioners
shall hold office for two years or for the remainder of their terms
of office as officials, whichever may be less, and until their successors
have been duly appointed and qualified. Vacancies in the office of
the Insurance Fund Commission caused by any reason other than expiration
of a term as an official shall be filled for the unexpired term of
the respective Commissioner.
B.
Organization. The Commissioners shall, forthwith after
their appointment, organize for the ensuing year by election from
their membership of a Chairman, who shall serve for the year.
C.
Commission Secretary. There is hereby established
the position of Secretary to the Insurance Fund Commission who shall
be appointed by the Commission with the advice and consent of the
Mayor and who shall serve at the pleasure of the Commission. The Secretary
shall have the obligation to take and maintain accurate minutes of
Commission meetings and to maintain accurate records of each and every
claim filed with the Township's Dental/Vision Allowance Fund. The
vacancy in the position of Secretary shall be filled in the manner
of the original appointment.
The Commissioners shall have the following powers
and authority:
A.
Keep on hand at all times sufficient money or have
the same invested in such securities or other investments as can be
immediately sold for cash for the payment arising from claims filed
for dental/vision allowance benefits.
B.
Provide that the Secretary have the duty to oversee
and manage the daily operation, including evaluating for payment properly
submitted claims for dental and vision allowance by Township employees
or dependents, and to submit a report to the Commissioners at least
once a month describing all fund activity during such month.
C.
Commissioners shall meet monthly to review fund matters
unless no claims requiring their approval are submitted for a particular
month. Such meetings shall be advertised in compliance with the applicable
provisions of N.J.S.A. 10:4-6 et seq. and may precede or follow regular
meetings of the Township governing body, if desired by the Commission.
A.
All claims shall be reviewed by the Commission Secretary,
who shall prepare individual vouchers on the form presented by the
Township on all claims, of whatever amount, together with the monthly
bill list for submission to the Commission for approval.
B.
Payment on all claims shall be made on the basis of
vouchers by checks signed by the appropriate signatory of the Township
and countersigned by the designee of the Commission.
