Borough of Farmingdale Regular Meeting Minutes 2026-04-21
Colonial Life Chosen for Voluntary Employee Benefits
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Description
The Borough of Farmingdale entered into a contract with Colonial Life & Accident Insurance Company to provide voluntary supplemental insurance benefits to employees at no direct cost to the Borough. Employees will pay premiums through payroll deductions under this non-fair and open award.
Contract Details
Contract Amount
No direct cost to Borough; premiums paid by employees
Vendor
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY
Agency
Borough of Farmingdale, NJ
Contract Type
INSURANCE
Document Date
April 21, 2026
Renewal Info
Voluntary benefits contract with no Borough-funded premiums; renewal terms and duration are not specified in the resolution.
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