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., and in consideration of Executive Order No. 103, issued by Governor Murphy on March 9, 2020, declaring a State of Emergency and a Public Health Emergency in the State of New Jersey, that the Municipal Excess Liability Joint Insurance Fund, public entity established under NJSA 40A:11-5 (1)  et. seq., does hereby notify the public that to protect the health, safety and welfare of our citizens while ensuring the continued functioning of government, the meeting of the Municipal Excess Liability Joint Insurance Fund scheduled for 11:15AM, June 3, 2020 at the Forsgate Country Club 375 Forsgate Drive Monroe NJ 08831 will be held TELEPHONICALLY. 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 951-7099-3458 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.

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 will be presented for approval at the Public Hearing on Wednesday, June 3, 2020 at 11:15AM at the Forsgate Country Club-375 Forsgate Drive, Monroe Twp., NJ.

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 2020 Meeting Schedule & 2021 Reorganization

All meetings are held at the Forsgate Country Club, 375 Forsgate Dr, Monroe Twp., unless otherwise noted*

  • March 27, 2020* | Princeton Marriott at Forrestal, Princeton | 9:00 AM | *** Meeting to be held via teleconference only, starting at 9:45AM – DO NOT COME TO THE MARRIOTT . Contact the Fund office for more information. ***
  • May 1, 2020 | Meeting to be held via teleconference only | 10:30 AM
  • June 3, 2020 | Meeting to be held via teleconference only | 11:15 AM
  • September 2, 2020 | Forsgate Country Club, Monroe | 11:15 AM
  • October 21, 2020 | Forsgate Country Club, Monroe | 11:15 AM
  • November 18, 2020* | Sheraton Hotel, Atlantic City | 12:30 PM
  • January 6, 2021 | Forsgate Country Club, Monroe | 11:15 AM

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 meet in person at PERMA’s Camden office at 2 Cooper Street, Camden, NJ and via teleconference at 10:30 AM on March 5, 2020; May 6, 2020, July 16, 2020 and December 2, 2020.