NJ Cops Nov18 | Page 33

Retirement Planning Bruce Polkowitz, the Local 600 and NJSPBA-endorsed candidate for PFRS trustee, has the experience, vision and can-do attitude to help the new pension system provide maximum benefi ts for retired members ■ BY MITCHELL KRUGEL ■ PHOTOS BY ED CARATTINI JR. Don’t think Bruce Polkowitz worries about the daunting task of building the new PFRS, if elected to be the retiree on the trustee board. He is used to it-can’t-be-done quests. Back in 1990, when he was the newly elected Edison Town- ship Local 75 State Delegate, Polkowitz noticed a small migra- tion of PBA members seduced by a legal defense plan to other representation. Like Lewis and Clark or Neil Armstrong, he set out to create a legal protection plan that would be the envy of all legal plans. “They said it couldn’t be done,” Polkowitz recalls. “I wasn’t quite sure how it could be, but I wasn’t going to stop until we had something better than anybody else.” Polkowitz gathered a team that started by getting referrals from county conferences and Locals to pitch attorneys across the state. More than 50 of them. They put together conditions of coverage and terms of payment and found an independent insurance company to underwrite the plan. They created bro- chures and flyers to promote enrollment. It all led to a launch meeting in 1993 at the Hyatt in New Brunswick, where 50 attorneys attended. And it became the forerunner to the PBA’s Legal Protection Plan (LPP) that is now the most prolific of its kind for any public safety labor union in the country. “I’m not sure we realized at the time what a monumental leap that was,” explains Bob Fagella, one of the PBA’s attorneys with the firm Zazzali, Fagella, Nowak, Kleinbaum and Friedman, who was part of that team in 1990. “It was prescient in the sense that it turned out litigation against police officers actually dropped. The plan was proactive not only because it reduced the number of charges but members had a mechanism for defending them- selves.” If such an achievement doesn’t endorse Polkowitz’s readi- ness to represent retired law enforcement officers and firefight- ers in the new higher-risk/higher-reward PFRS, then maybe this does: He is all in and best equipped on probably the two most critical aspects of the new pension system. The first is securing its full funding and ability to meet pay- ments, as the retired population continues to live longer and deserves to thrive into super-senior years without worrying CONTINUED ON PAGE 34 www.njcopsmagazine.com ■ NOVEMBER 2018 33