A Length of Service Award Program (LOSAP) is hereby created
in accordance with the Emergency Services Volunteer Length of Service
Award Program Act, N.J.S.A. 40A:14-183 to 40A:14-194 (hereinafter
the "Act"), to reward members of the Township Volunteer Fire Department
and First Aid Squad for their loyal, diligent, and devoted services
to the residents of the Township of Fredon.
The LOSAP shall provide for annual contributions on behalf of
each eligible member to a deferred-income account within a plan to
be established by the Township and administered in accord with the
Act and all applicable state and federal law.
To be eligible for LOSAP contributions on his or her behalf,
a member must meet the following criteria, to be determined each calendar
year:
A. A member must accumulate at least 50 points for activities as set
forth in the annexed Schedule A during a calendar year to be eligible for the LOSAP contribution
for that calendar year. There shall be no carryover from year to year.
B. The annual contribution for each eligible member shall be $600.
C. A member shall be eligible for participation in the LOSAP program
immediately upon commencement of service with the Township Volunteer
Fire Department or First Aid Squad. Five years of service, as determined
by N.J.S.A. 40A:14-188, shall be required for each individual member
to vest in contributions made on his or her behalf.
There shall be no credit for prior years' service, except
for a point award as set forth in the annexed Schedule A.
The estimated cost of the program is $16,800 per year.
Each active volunteer member shall be credited with points for
volunteer services in accordance with the activities described in
the annexed Schedule A.
This section shall not take effect unless it is approved by
voters as a public question at the next general election to be held
after publication and passage according to law.
[Added by Ord. No. 2006-02]
The Length of Service Award Program in the Township of Fredon
is hereby amended to include the provision for a Consumer Price Index
adjustment to the LOSAP contribution to qualifying active volunteer
members within the plan established by the Township and administered
in accord with the Act and all applicable state and federal laws.