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NOTICE:

2022 Board of Fund Commissioners

  • John Clarke | Chairman | MEL JIF
  • Megan Champney | Secretary | Suburban Municipal JIF
  • Paul Tomasko | Executive Committee | Bergen JIF
  • Tom Nolan | Executive Committee | Monmouth JIF
  • Joseph Wolk | Executive Committee | Camden JIF
  • Brian Bigler| Executive Committee| NJUA JIF
  • Joseph Catenaro | Executive Committee | Suburban Metro JIF
  • Richard Hirsch | Alternate Executive Committee | Atlantic 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
  • Robert Law | Alternate Executive Committee | Trico JIF
  • Meghan Jack| Alternate Executive Committee | Burlco JIF
  • Brian McNeilly | Alternate Executive Committee | Morris JIF
  • Gregory Franz| Alternate Executive Committee | South Bergen 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 | Wielkotz & Company, LLC.
  • Claims Data Consultant | Qual-Lynx
  • Claims Supervisor | CB Claims
  • Asset Manager | Wilmington Trust
  • Banking Manager | Investors Bank

2022 Meeting Schedule & 2023 Reorganization

  • March 25, 2022 | Friday | 9:00 a.m.| Princeton Marriott 
  • June 2, 2022 | Thursday | 10:30 a.m.| Forsgate Country Club, Monroe Twp, N.J.
  • September 8, 2022 | Thursday |10:30 a.m. | Forsgate Country Club, Monroe Twp, N.J.
  • October 19, 2022 | Wednesday | 10:30 a.m. | Forsgate Country Club, Monroe Twp, N.J.
  • January 5, 2023 | Thursday | 10:30 a.m. | Forsgate Country Club, Monroe Twp, N.J. 

The RCF Claims Committee will meet on the same day as the Board of Fund Commissioners / Executive Committee at the above listed locations at 9:30AM before the Fund meeting with the exception of the March meeting. The RCF Claims Committee will also meet at 9:30AM on March 2, May 4, July 20 and December 7, 2022 and will be held at PERMA’s Camden office at 2 Cooper Street, Camden, NJ and via teleconference.

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 2020 Amended Budget, adopted at the meeting held on Wednesday, September 1, 2021.

2020 Budget

DescriptionAmount
Reinsurance Premiums$10,000
Loss Fund Contingency$660,000
Administrator$205,842
Deputy Administrator$70,021
Attorney$42,615
Claims Supervision & Audit$61,603
Treasurer$40,010
Auditor$23,634
Actuary$42,194
Miscellaneous$24,798
Expense Contingency$135,283
Total Budget$21,262,580

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 2021 Adopted Budget which was adopted at a formal hearing held on October 21, 2020.

2021 Budget - Expenses

DescriptionAmount
Reinsurance Premiums$15,000
Loss Fund Contingency$0
Administrator$209,959
Deputy Administrator$71,421
Attorney$43,467
Claims Supervision & Audit$62,835
Treasurer$40,810
Auditor$24,107
Actuary$43,038
Miscellaneous$25,294
Expense Contingency$136,639
Total Budget$672,570

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 2022 Adopted Budget which was adopted at a formal hearing held on October 20, 2021.

2022 Budget-Expenses

DescriptionAmount
Reinsurance Premiums$15,000
Loss Fund Contingency$0
Administrator$214,158
Deputy Administrator$72,849
Attorney$44,336
Claims Supervision & Audit$64,092
Treasurer$41,626
Auditor$24,589
Actuary$43,899
Miscellaneous$25,800
Expense Contingency$139,651
Total Budget$686,000

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 2020 (Click Here)