Title
Dept/ Agency: Administration/Division of Personnel
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Employees and Dependents Health Benefits
Purpose: Authorize Participation in the State Health Benefits Program for Retirees
Entity Name: State of New Jersey, Department of the Treasury, Division of Pensions and Benefits
Entity Address: PO Box 299, Trenton, New Jersey 08625-0299
Contract Amount: $TBD
Funding Source: City Budget Lines
Contract Period: May 1, 2017 through April 30, 2018
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. () EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a State Contract
Additional Information:
body
WHEREAS, the City of Newark (Newark) wishes to adopt the provisions of Chapter 48 (N.J.S.A. 52:14.17.38) under which a public employer may agree to pay for the State Health Benefits Program (SHBP) coverage of certain retirees; and
WHEREAS, Newark hereby elects to adopt the provisions of N.J.S.A. 52:14-17.38 and adhere to the rules and regulations promulgated by the State Health Benefits Commission to implement the provisions of that law; and
WHEREAS, this resolution affects employees as shown on the attached Chapter 48 Resolution Addendum. It is effective on the 1st day of May 2017; and
WHEREAS, Newark is aware that adoption of this resolution does not free us of the obligation to pay for post-retirement medical benefits of retirees or employees who qualified for those payments under any Chapter 88 Resolution or Chapter 48 Resolution adopted previously by this governing body; and
WHEREAS, Newark agrees that this Resolution will remain in effect until properly amended or revoked with the SHBP. We recognize that, while we remain in the SHBP, we are responsible for providing the payment for post-retirement medical coverage as...
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