[HISTORY: Adopted by the Mayor and Council of the Borough of Dumont by Ord. No. 1254. Amendments noted where applicable.]045a Sched A B Annual Svc Req
Editor's Note: This ordinance was approved at general election 11-2-1999.
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 volunteer firefighters and ambulance corps members for their loyal, diligent, and devoted services to the residents of the Borough of Dumont.
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 Borough of Dumont 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 U.S. Internal Revenue Code, and this chapter.
The LOSAP shall provide for annual contributions to each eligible member that meets the criteria as follows:
The LOSAP shall provide for contributions as credit for no more than 10 years of prior services for each eligible volunteer in accordance with the following schedule:
Prior service shall include volunteer membership and participation in the Dumont Volunteer Fire Department and the Dumont Volunteer Ambulance Corps, Inc.
The estimated cost of the program has been calculated as follows:
Each active volunteer member shall be credited for one year of volunteer service provided to the volunteer fire company/ambulance corps in accordance with the following schedule:
This chapter shall not take effect unless it is approved by voters as a public question at the next general election.
Editor's Note: This ordinance was approved at referendum 11-2-1999. Section 8 of this ordinance, containing the text of the question submitted to voters, which immediately followed this section, has not been codified.