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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.

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Notice:

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. 

2021 Budget

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
Surety Bond $298,816
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
Total $42,282,593

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.