News Flash

Pension & Benefits

Posted on: February 15, 2019

DLGS Issues Guidance on LOSAP Annual CPI Adjustment

The Division of Local Government Services has issued Local Finance Notice 2019-03 providing general information regarding the Length of Service Awards Program (LOSAP) along with the annual cost of living adjustment to the maximum award amounts. The increase in the CY 2018 CPI Adjustments, for use in CY 2019, is 1.6% for municipal programs and 0.49% for fire districts. 

Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njlm.org, 609-695-3481 x112.


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