N.J. Admin. Code § 11:15-3.1 - Purpose and scope
(a) This
subchapter sets forth the requirements for the establishment, operation,
oversight, modification and dissolution of joint insurance funds formed by two
or more local units for the purpose of providing contributory or
non-contributory group health insurance or group term life insurance , or both,
to employees or their dependents, and to any other person eligible for coverage
by a member local unit pursuant to
N.J.S.A.
40A:10-36 et seq.
(b) This subchapter shall apply to all local
units seeking to form a joint insurance fund for the purpose of providing
contributory and non-contributory group health or group term life insurance and
all joint insurance funds formed for such purpose pursuant to
N.J.S.A.
40A:10-36 et seq. and this
subchapter.
(c) No local unit of
government shall join together with any other local unit or units to act as a
joint insurance fund for the purpose of providing contributory or
non-contributory group health or group term life insurance except as authorized
by the Commissioner in accordance with the provisions of
N.J.S.A.
40A:10-36 et seq. and this
subchapter.
(d) The authority of a
joint insurance fund formed for the purpose of providing contributory and
non-contributory group health insurance or group term life insurance , or both,
shall be limited solely to those coverages.
Notes
See: 28 New Jersey Register 4036(a), 28 New Jersey Register 4885(a).
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.