WHEREAS, Pursuant to the authority of N.J.S.A. 40A:10-23, the Township hereby amends the conditions governing the payment of insurance premiums after retirement of staff as follows:
BE IT ORDAINED, by the Township Committee of the Township of Lakewood, State of New Jersey as follows:
SECTION 1. Chapter X, Of The Revised General Ordinances Of The Township Of Lakewood, 1999, Entitled “Personnel Policies” Section 9.3 Entitled “Retirement”,
9.3 Retirement.
e. Members of the Township Committee who retire after 20 or more years of service in the State Retirement system, with 20 or more years of service with the Township of Lakewood shall be entitled to remain enrolled in any health insurance available to township employees at the date of their retirement upon the completion of the requisite application forms.
e. f. Notwithstanding anything contained herein to the contrary, the Township of Lakewood shall assume financial responsibility only for the payment of that amount which would constitute the employee's contribution to the health benefits package. The employee shall assume financial responsibility for the payment of that amount attributable to the enrollment of any family members in said health benefits plan.
SECTION 3. That all ordinances or parts of ordinances inconsistent herewith are hereby repealed to the extent of such inconsistency.
SECTION 4. If any section, subsection, paragraph, sentence or any part of this ordinance is adjudged unconstitutional or invalid, such judgment shall not affect, impair or invalidate the remainder of this Ordinance not directly involved in the controversy in which such judgment shall have been rendered.
SECTION 5. This Ordinance shall take effect immediately upon final passage and publication as required by law.