[Adopted 2-22-2011 by Ord. No. 2011-001]
Editor's Note: This ordinance also superseded Ord. No. 99-10, adopted 8-10-1999 and made effective 11-2-1999 upon approval and ratification by the Borough voters, creating the LOSAP.
The purpose of this article is to establish a Length of Service Awards Program (LOSAP) for active volunteer members of the Borough's Fire Department and Tri-Borough Ambulance Corps. The LOSAP program is designed to enhance the ability of the Borough to provide fire and first aid protection and help the Fire and First Aid Squads recruit and maintain membership.
Pursuant to N.J.S.A. 40A:14-183, there is hereby established, within the Borough of Park Ridge, an emergency services volunteer length of service award program, hereinafter referred to as LOSAP.
The LOSAP program shall provide for the fixed annual contribution to a tax-deferred income account for each eligible volunteer for fire and first aid members that satisfies a criteria set forth in this article.
The LOSAP program shall provide for an annual contribution for each eligible volunteer member who accumulates a minimum of 100 points during a calendar year pursuant to a point system attached hereto and made a part hereof.
Editor's Note: The point systems are included at the end of this chapter.
Effective with the year 2009, the annual contribution amount for each year of future service for each eligible volunteer member shall be $1,392.97. The annual contribution for the volunteer members of the Tri-Boro Volunteer Ambulance Corps shall be shared equally with the Borough of Woodcliff Lake and the Borough of Montvale.
The LOSAP program shall be deemed effective as of November 2, 1999, which is the date when said program was approved and ratified by the voters of the Borough of Park Ridge.
After ratification of the LOSAP as provided in this article, the maximum annual contribution may be increased without public hearing or public question, provided such increased contributions do not exceed the number calculated by multiplying the original contribution as approved by public question by the consumer price index factor. The consumer price index factor shall be established as set forth in N.J.S.A. 40A:14-185.
Any amounts appropriated annually for a LOSAP program shall be included in the budget of the municipality as a separate line item.