NOTICE PURSUANT TO N.J.S.A. 10:4-6
Notice is hereby given, pursuant to N.J.S.A. 10:4-6, et seq., that the Municipal Excess Liability Joint Insurance Fund, a public entity established under NJSA 40A:10-36, has changed the location of the June 2, 2021 11:15AM meeting from the Forsgate Country Club, Monroe Twp. NJ and will instead hold this meeting telephonically via Zoom.
Fund Commissioners, Fund Professionals, Risk Management Consultants and Members of the public who wish to participate in the meeting may do so by calling 1-929-205-6099 and enter Meeting ID 974 4508 5763 at 11:15AM. Individuals calling into this number will be able to fully participate in the meeting, including providing public comment. A non-public dial-in number will be used if executive session is required.
In accordance with the bylaws of the Municipal Excess Liability Joint Insurance Fund and state statutes governing municipal self-insurance, below is the Fund’s 2021 Budget which was introduced at the meeting held on May 1, 2020 and was adopted at the Public Hearing held telephonically on Wednesday, June 3, 2020 at 11:15 a.m.
|Excess Liability Claims Fund||$6,880,872|
|Excess Workers Compensation Claims Fund||$6,129,312|
|Excess Property to 500K||$3,032,300|
|POL/EPL Land Use||$1,042,919|
|Aggregate Excess LFC||$13,920|
|JIF Faithful Performance Bond/Statutory Bond||$197,448|
|Loss Fund Contingency||$1,582,525|
|Optional Excess POL/EPL||$629,275|
|Excess Workers’ Compensation Premiums||$2,501,301|
|Excess Liability Premium||$3,069,128|
|Optional Excess Liability||$2,131,417|
|Excess Property Premiums||$9,346,830|
|Expenses, Fees & Contingency||$5,426,530|
NJ MEL 2021 Meeting Schedule & 2022 Reorganization
All meetings are held at the Forsgate Country Club, 375 Forsgate Dr, Monroe Twp. unless otherwise noted.
- March 26, 2021 | Meeting to be held remotely via Zoom | 9:40 a.m.
- June 2, 2021 | Meeting to be held remotely via Zoom | 11:15 a.m.
- September 1, 2021 | Forsgate Country Club, Monroe Twp., NJ | 11:15 a.m.
- October 20, 2021 | Forsgate Country Club, Monroe Twp., NJ | 11:15 a.m.
- November 17, 2021 | Steel Pier Room, Sheraton Hotel, Atlantic City, NJ | 12:30 p.m.
- January 5, 2022 | Forsgate Country Club, Monroe Twp., NJ | 11:15 a.m.
The MEL Claims Review Committee will meet on the same days as the Executive Committee at the above listed locations immediately following the Fund meeting, with the exception of the March and November meeting dates.
The MEL Claims Committee will also meet remotely via Zoom only on March 3, 2021 and May 5, 2021 at 10:30 a.m., and in person at PERMA’s Camden office at 2 Cooper Street, Camden, NJ, and via teleconference at 10:30 a.m. on July 7, 2021 and December 1, 2021.