[Adopted 8-14-2019 by Ord. No. 2019-14]
A Length of Service Award Program ("LOSAP") is herewith established
in accordance with Chapter 388 of the Laws of 1997, to reward members
of the Allamuchy-Green First Aid Squad for their loyal, diligent,
and devoted services to the residents of Allamuchy Township.
The LOSAP shall provide for fixed annual contributions to a
deferred income account for each volunteer member of the Allamuchy-Green
First Aid Squad who meets the criteria set forth below; that such
contributions shall be made in accordance with a plan that shall be
established by the Township of Allamuchy and Township of Green pursuant
to N.J.S.A. 40A: 14-1 83, et seq. and N.J.A.C. 5:30-14.1, et seq.
and that such plan shall be administered in accordance with the laws
of the State of New Jersey, the United States Internal Revenue Code
and this Ordinance.
To be eligible for LOSAP contributions on his or her behalf,
a member of the Allamuchy-Green First Aid Squad must meet the following
criteria, to be determined each calendar year:
A. A member must accumulate at least 100 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 $650.
C. A member shall be eligible for participation in the LOSAP program
immediately upon commencement of service with the Allamuchy-Green
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 $10,000 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 article shall not take effect unless it is approved by
voters as a public question at the next general election.