Notice

The RCF Claims Committee, a sub-committee of the  Municipal Excess Residual Claims Fund, a public entity established under NJSA 40A:10-36 et seq., has rescheduled the Wednesday March 6, 2019 9:00AM Claims meeting to Thursday March 7, 2019 at 1:00PM; location of 9 Campus Drive- Suite 216 Parsippany NJ remains unchanged.

2019 Board of Fund Commissioners

  • Robert Law | Chairman | Trico JIF
  • Gregory Franz | Secretary | South Bergen JIF
  • Paul Tomasko | Executive Committee | Bergen JIF
  • John Clarke | Executive Committee | MEL JIF
  • Tom Nolan | Executive Committee | Monmouth JIF
  • Joseph Wolk | Executive Committee | Camden JIF
  • Brian Bigler| Executive Committee| NJUA JIF
  • David Matchett | Alternate Executive Committee | Burlco JIF
  • Joseph Catenaro | Alternate Executive Committee | Suburban Essex JIF
  • Richard Hirsch | Alternate Executive Committee | Atlantic JIF
  • John Rheinhardt | Alternate Executive Committee | Morris JIF
  • Tom Merchel | Alternate Executive Committee| PMM JIF
  • Sherry Sims | Alternate Executive Committee | NJPHA JIF
  • Veronica Laureigh | Alternate Executive Committee | Ocean JIF
  • William Northgrave | Alternate Executive Committee | Central JIF
  • Megan Champney | Alternate Executive Committee | Suburban Municipal JIF

Fund Professionals

  • Executive Director | PERMA Risk Management Services
  • Deputy Executive Director | Arthur J. Gallagher Risk Management Services
  • Attorney | Dorsey & Semrau
  • Actuary | The Acturial Advantage
  • Treasurer | Charles Cuccia
  • Auditor | Ferraioli, Wielkotz, Cerullo & Cuva. P.A.
  • Claims Data Consultant | Qual-Lynx
  • Claims Supervisor | CB Claims
  • Asset Manager | Wilmington Trust
  • Banking Manager | Investors Bank

2019 Meeting Schedule & 2020 Reorganization

The Municipal Excess Liability Residual Claims Fund, a public entity established under NJSA 40A:10–36 et seq., has adopted a Resolution Establishing Meeting Dates and Places at its January 2, 2019, Executive Committee meeting held at the Forsgate Country Club in Jamesburg, NJ.

Residual Claims Fund: All meetings, except where noted*, are held on Wednesday at 10:30AM.

  • March 29, 2019* | Hyatt Regency Princeton, Princeton | 9:00 AM
  • June 5, 2019 | Forsgate Country Club, Jamesburg | 10:30 AM
  • September 4, 2019 | Forsgate Country Club, Jamesburg | 10:30 AM
  • October 16, 2019 | Forsgate Country Club, Jamesburg | 10:30 AM
  • January 2, 2020 | Forsgate Country Club, Jamesburg | 10:30 AM

The RCF Claims Review Committee will meet on the same day as the Executive Committee at the above listed locations at 9:00AM before the Fund meeting with the exception of the March meeting, which has been rescheduled to Thursday, March 7, 2019 at 1:00 pm at the fund office. The RCF Claims Committee will meet via teleconference at 9:30am on May 1, 2019, July 17, 2019 and December 4, 2019; Teleconference will be initiated from the fund office located at 9 Campus Drive – Suite 216, Parsippany, NJ.

Public Notices

Notice

In accordance with the bylaws of the Municipal Excess Liability Residual Claims Fund and state statutes governing municipal self insurance, below is the Fund’s 2019 Budget which was adopted at the meeting held on October 17, 2018, at 10:30AM at the Forsgate Country Club, Jamesburg, NJ..

2019 Adopted Budget

DescriptionAmount
Reinsurance Premiums$28,000
Loss Fund Contingency$0
Administrator$201,806
Deputy Administrator$68,648
Attorney$41,779
Claims Supervision & Audit$60,395
Treasurer$39,225
Auditor$23,171
Actuary$41,367
Miscellaneous$24,312
Expense Contingency$132,297
Total Budget$661,000

Notice

In accordance with the bylaws of the Municipal Excess Liability Residual Claims Fund and state statutes governing municipal self insurance, below is the Fund’s 2018 Budget which was adopted at the meeting held on October 18, 2017, at 10:30AM at the Forsgate Country Club, Jamesburg, NJ.

DescriptionAmount
Reinsurance Premiums$30,000
Loss Fund Contingency$0
Administrator$197,849
Deputy Administrator$67,302
Attorney$40,960
Claims Supervision & Audit$59,211
Treasurer$38,456
Auditor$22,717
Actuary$40,556
Miscellaneous$23,835
Expense Contingency$129,114
Total Budget$650,000

Notice

Pursuant to N.J.S.A. 40A:10-38.14, listed are firms or individuals that have received more than $17,500 for services rendered to the Fund during 2017 (Click Here)

Meeting Agendas & Minutes

2019 Agendas

October 2019
September 2019
June 2019
April 2019
March 2019
January 2019

2019 Minutes

 October 2019
 September 2019
June 2019
April 2019
March 2019
January 2019

2018 Minutes

 October 2018
 September 2018
June 2018
April 2018
March 2018 – postponed to April due to weather
January 2018