[1]
Editor's Note: Ordinance history includes Ord. Nos. 496, 570,
600, 642, 866, 1082, 1114, 1126, 1201.
For the purpose of this ordinance and in the interpretation
and application hereof, except as the context may otherwise require,
the following terms shall have the meanings indicated:
An employee's average annual compensation during the last
year of his full-time permanent employment with the Borough of Wildwood
Crest prior to the employee's retirement date.
Compensation, as herein defined, divided by the number of
working days in the particular employee's last year of full-time permanent
employment. The number of working days for this purpose shall be based
on a five-day workweek and shall not take into account any holiday,
vacation or other leave time to which the employee is entitled.
The date on which an employee ceases to be a full-time, permanent
employee, either as a result of cessation of employment while living
or by reason of death.
Any assignment to any position of employment with the Borough
of Wildwood Crest for an indeterminate period as defined by the New
Jersey Department of Civil Service.
That percentage based upon the employee's length of full-time
permanent employment with the Borough of Wildwood Crest which shall
be utilized to determine benefits as provided herein. Any employee
in his final year of employment who worked more than six months shall
be credited with a full year for the purpose of computing the number
of years of service. Unless provided in bargained union agreements,
longevity provisions shall not apply to any employees hired on or
after January 1, 1995.
That percentage shall be as follows:
|
Number of Full-Time Permanent Years of Service
|
Longevity Factor
|
|---|---|
|
0 to 14
|
0%
|
|
15
|
20%
|
|
16
|
23%
|
|
17
|
26%
|
|
18
|
29%
|
|
19
|
32%
|
|
20
|
35%
|
|
21
|
38%
|
|
22
|
41%
|
|
23
|
44%
|
|
24
|
47%
|
|
25
|
50%
|
The number of days of accumulated sick leave accrued during
the employee's full-time permanent employment with the Borough of
Wildwood Crest which is credited to an employee on the employee's
effective retirement date.
Each and every full-time permanent employee of the Borough of
Wildwood Crest shall be entitled at the time of retirement to receive
supplemental compensation for unused accumulated sick leave credited
to him on the effective date of his retirement.
Except as otherwise noted herein, each retiring employee shall
receive a supplemental retirement benefit for unused sick leave which
shall be determined by multiplying the number of days of unused sick
leave by the daily rate and then multiplying that result by the longevity
factor. Unless provided in bargained union agreements, longevity provisions
shall not apply to any employees hired on or after January 1, 1995.
Effective January 1, 2015, the amount of longevity pay that an employee
is entitled to is frozen at the longevity pay which the employee is
receiving as of December 31, 2014. No further increase shall be made
either by additional years of service or an increase in pay. The longevity
pay is frozen at the dollar amount in effect as of December 31, 2014.
Upon application by a retiring employee, at least 60 days prior
to retirement in the case of a retiring employee who is ceasing employment,
or within 60 days after death in the case of a retiring employee who
qualifies under this ordinance by reason of death while a full-time
permanent employee of the Borough of Wildwood Crest, the appointing
authority shall certify the amount of unused sick leave. In the sole
option of the Board of Commissioners, the payment on account therefor
may be made in either of two methods: in three equal, annual installments
commencing on the first day of July of the year following the year
of the employee's effective retirement date or by one payment in full
on or before the first day of July of the year following the year
of the employee's effective retirement date. In the event of the death
of the employee subsequent to the effective retirement date but prior
to payment of said supplemental retirement benefit or any or all of
the installments thereof or in the event of qualification under this
ordinance by reason of death while a full-time, permanent employee
of the Borough of Wildwood Crest, the payment, installment or installments
falling due after the death of the employee will be made to the executor,
administrator, legatee or next of kin, as determined in the sole discretion
of the Borough of Wildwood Crest upon submission of proper proof of
entitlement by that person making a claim therefor, and any such decision
by the Borough of Wildwood Crest and payment pursuant thereto shall
be final and conclusive as to all persons and shall discharge the
Borough of Wildwood Crest, to the extent of such payment, from any
further liability to any other person with respect thereto.
A.
Pursuant to N.J.S.A. 40A:10-23 and the Borough's Chapter 48 Resolution as filed with the New Jersey Division of Pensions and Benefits, employees hired on or before December 31, 2009 who retire with 25 years of service to the Borough or those with 15 years of service and who are at least 62 years of age or have been placed on approved disability retirement may continue to receive paid health insurance coverage. However, contribution from the employee may be required in accordance with statute. No employees hired on or after January 1, 2010 shall be eligible for post-retirement health insurance benefits until they have completed 25 years of service with the Borough of Wildwood Crest or in the event of an approved disability retirement and provided said employee meets all other applicable pension retirement criteria required in order to qualify for post-retirement health insurance benefits. Effective January 1, 2010, all employees hired on or before December 31, 2009 and retirees shall pay a cost contribution in accordance with P.L. 2011, Chapter 78, and all applicable amendments thereto. Effective January 1, 2015, the Borough shall not pay for any post-retirement health benefits for any employees on or after January 1, 2015. Effective January 1, 2015, any employee who retires from the Borough of Wildwood Crest and is eligible for post-retirement benefits and who, after retirement from the Borough, secures employment with any local, County, State or Federal agency or entity including, but not limited to, law enforcement entities where, by virtue of their employment, New Jersey State health benefits plan is offered or who is otherwise eligible to receive health insurance coverage through their employment shall be required to accept coverage for health insurance as offered through their current employer and shall cease to be covered for health insurance by the Borough of Wildwood Crest. Retirees receiving health benefits must enroll in Medicare when eligible and shall be reimbursed by the Borough on an annual basis upon proof of payment for the standard Medicare Part B premium paid by said retiree.
(1)
Self-Insurance Fund.
[Added 1-20-2016 by Ord.
No. 1233-2016]
(a)
A Self-Insurance Fund for the purpose of providing retiree life
insurance for covered retirees currently covered prior to January
1, 2016 and additional retirees as may be contractually required is
hereby established.
(b)
The Basic Plan amount is $15,000 and the Maximum Plan amount
is $15,000.
(c)
The following age reduction formula will be used in administering
this plan, unless otherwise changed by formal action of the Commissioners
of the Borough of Wildwood Crest.
Reduced by:
35% at Age 65
50% at Age 70
65% at Age 75
(d)
There will be no employee contribution.
(e)
Coverage will be provided for the life of the retiree in accordance
with the provisions above and may require future exclusions, limitation,
terms and conditions in order to keep the program in force by the
Borough of Wildwood Crest.
B.
Health insurance waiver incentive program. A health insurance waiver
incentive program is hereby established in accordance with the provisions
of N.J.S.A. 40A:10-17.1 for all eligible officers and employees of
the Borough of Wildwood Crest and the program shall be as stated in
the current Borough Policy and Procedures Manual on file with the
Municipal Clerk. The decision of the municipality to allow its employees
to waive coverage and the amount of consideration to be paid therefor
shall not be subject to the collective bargaining process.
[New]
C.
Dental benefits. The dental benefits shall be as stated in the current
Borough Policy and Procedures Manual on file with the Municipal Clerk.
D.
Vision. The eyeglass or vision benefits shall be as stated in the
current Borough Policy and Procedures Manual on file with the Municipal
Clerk.
E.
Effective January 1, 2011, only employees working the equivalent
of a "full-time" work week for that particular departmental operation,
on a regular and recurring basis, shall be entitled to health insurance
coverage. This provision shall not apply to any officials, officers,
or employees who are currently qualified to receive health insurance
coverage as of the effective date of this ordinance.
[New]
Retirees receiving retiree health benefits who are duly enrolled
in Medicare Parts A and B shall be reimbursed by the Borough of Wildwood
Crest. The program shall be as stated in the current Borough Policy
and Procedures Manual on file with the Municipal Clerk.
All other ordinances in conflict or inconsistent with this ordinance
are hereby repealed to the extent of such conflict or inconsistency.
Should any section, paragraph, sentence or word of this ordinance
be declared for any reason to be invalid, it is the intent of the
municipality that it would have passed all other portions of the ordinance
independent of the elimination herefrom of any such portion as may
be declared invalid.
This ordinance shall take effect upon final passage and advertisement
thereof as required by law.
