A Length of Service Awards Program (LOSAP) is
herewith created in accordance with Chapter 388 of the Laws of 1997, to reward members of the volunteers and ambulance squad
members for their loyal, diligent, and devoted services to the residents
of the Township of West Milford.
The LOSAP shall provide for fixed annual contributions
to a deferred income account for each volunteer member that 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 West Milford pursuant to P.L. 1997, c. 388; and that such plan
shall be administered in accordance with the laws of the State of
New Jersey, the US Internal Revenue Code, and this chapter.
[Amended 8-15-2022 by Ord. No. 2022-035]
A. The LOSAP shall provide for the annual contributions to each eligible
member that meets the criteria as follows:
(1) 100 points are required for a member to be eligible for an annual
contribution;
(2) Five years of service are required for vesting.
B. The annual contribution shall be a maximum of $800 per eligible member.
The estimated cost of the program has been calculated
as follows:
A. For regular annual services: $140,000 per year.
Each active volunteer member shall be credited
with points for volunteer services provided to the volunteer fire
company/ambulance-first aid squad in accordance with the following
schedule:
A. Fire Department: see Schedule A.
B. WMFAS and UGLVAC: see Schedule B.
This chapter shall not take effect unless it
is approved by the voters as a public question at the next general
election.