Montrose Fire District Resolution Increasing LOSAP Benefits March 2024
Hometown Firefighters & EMS Services Provides LOSAP Administration
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Description
The Montrose Fire District relies on Hometown Firefighters & EMS Services as Plan Administrator for its Length of Service Award Program (LOSAP), including actuarial cost analysis and ongoing administrative duties. No extra fee was charged by Hometown for the recent benefit increase study.
Contract Details
Vendor
HOMETOWN FIREFIGHTERS & EMS SERVICES
Agency
Town of Cortlandt, NY
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 21, 2024
Contract Term
Ongoing annual administration (historically and into future as Plan Administrator)
Renewal Info
Implied annual renewal as Plan Administrator for LOSAP; only annual cost of administration applies going forward; no new/amended fee for the current change.
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