HEALTH BENEFITS REPORT
The rate decrease
did happen
To borrow a phrase from my kids, “That just
happened.”
The rate decreases that we told you about in
the September issue of NJ Cops Magazine came
to fruition in the first pension check of 2019.
Chapter 330 retirees have realized a huge de-
crease in their premiums. In terms of percent-
age of premium, the decreases ranged from 36.9
percent to 37.1 percent.
That is not a misprint! The efforts in the pre-
scription plan were the source of most of the increase, and
cost controls in the medical plan funded the rest. There were
also surplus monies in the rate stabilization fund that may or
may not be available next year for subsidizing rates, but over
all, this is a huge win for our members.
It is important for you to know that these savings were de-
rived from what were exclusively union initiatives and the re-
sult of groundbreaking decisions made by the PBA and other
organizations.
More importantly, we aren’t done yet — there are more ar-
eas to explore and more efficient ways to deliver healthcare
that we will bring to you in the near future.
The Law Firm of
Alterman & Associates, LLC
Stuart J. Alterman, Esquire
Arthur J. Murray, Esquire
Timothy J. Prol, Esquire
Proudly representing Law Enforcement and Public Safety for a combined 80 years
Contract Negotiation
Contract Arbitration
Grievances/ Arbitration
Discipline Defense
Whistleblower /CEPA
Hostile Work Environment
Pension/Disability Appeals
Criminal Defense
Workers Compensation
Personal Injury
Human Resource Issues
Civil Rights Litigation
Administrative
One Stop Shop for Public Safety
Alterman & Associates, LLC have been an approved law firm with the PBA Legal Protection Plan since its inception.
South Jersey Location
North Jersey Location
8 South Maple Avenue, Marlton, NJ 08053
22 Church Street, Haledon, NJ 07508
(856) 334-5737
(973) 956-1621
[email protected]
www.altermanandassociates.com
www.NJPoliceAttorney.com
www.NJCorrectionsAttorney.com
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NEW JERSEY COPS
■ JANUARY 2019