firefighters’ relief fund nc general statutes 58-84-1 thru 58-84-60
DESCRIPTION
Firefighters’ Relief Fund NC General Statutes 58-84-1 thru 58-84-60. Questions We Will Cover. What is the Firefighters’ Relief Fund? How is it funded? How can my fire department participate? How can the relief fund money be spent?. What is the Firefighters’ Relief Fund?. - PowerPoint PPT PresentationTRANSCRIPT
Firefighters’ Relief FundNC General Statutes 58-84-1 thru 58-84-60
What is the Firefighters’ Relief Fund?
How is it funded?
How can my fire department participate?
How can the relief fund money be spent?
Questions We Will Cover
What is the Firefighters’ Relief Fund?
A benefit to financially assist a firefighter that has been injured or killed In-Line-
Of-Duty
NCGS 58-84-35 (2a) To provide assistance to a destitute firefighter and (5) Supplemental retirement &
other benefits
How is it Funded?
All NC licensed insurance companies pay to the NC Dept. of Revenue a portion of the Fire & Lightning coverage of all property
insurance
All County Tax Administrator’s report to the NC Dept. of Insurance the County
population and the property tax value for each rated fire insurance district
How Can My Department Participate?A relief fund board of trustees must
be elected.
Two are elected by the fire department.
Two are appointed by the City or County Commissioner’s.
One is appointed by the Insurance Commissioner.
One of the five members will be elected as the relief fund treasurer.
Membership Required - NCSFA
A fire department must be a member of the NC State Firemen’s Association.
Financial Reports - NCSFA
The fire department must submit a financial report of the local relief fund account to the NC State Firemen’s
Association each year. The financial statement will be mailed from the Association to the fire department
each June. The financial statement must be received by the Association no later than October 31 annually.
It must also include a copy of the bank statement.
Report of Fire Conditions
A Report of Fire Condition must be filed annually with the NC Dept. of Insurance
by October 31. The NC Dept. of Insurance notifies each City and/or
County Clerk-Finance Officer in August to file the report. NCGS 58-84-46
requires the Clerk-Finance Officer to file a report for all rated fire districts. The
report provides the local relief fund board of trustees names and identifies
the treasurer.
How Can the Relief Fund Money Be Spent?
There are three reasons for requesting monies from the Firefighters’ Relief
Fund
Primarily, they are to be used for a Line-of-Duty injury. The local relief fund board will determine the amount disbursed based on the earning
capacity of the firefighter.
Secondly, to provide assistance to a destitute firefighter with 5 years of
service. The local relief fund board will determine the need and the amount of financial assistance. The relief fund
board must obtain the approval of the NC State Firemen’s Association before
disbursement of funds.
Lastly, to provide for benefits of supplemental retirement, workers compensation and other insurance & pension protection. The relief fund board must obtain the approval of the NC State Firemen’s Association before disbursement of funds.
Frequently asked questions
Who has control of the Relief Fund monies?
The local Relief Fund Board has control of the funds.
My department is owned & operated by a municipal government, do they control
the relief fund?No. The local Relief Fund Board of
Trustee’s controls the funds.
FAQ’s Continued
Can the Local Relief Fund Board make all disbursement decisions?
No. All requests to withdraw money from this fund MUST be approved by
the local board and the NC State Firemen’s Association. This ensures the fund balance remains actuarially
sound for its original intent, to assist an injured firefighter.
Who Appoints the Relief Fund Board of Trustee’s?
The fire department elects two representatives, the City &/or County appoints two representatives and the
Insurance Commissioner appoints one appointee. One of the five board members will be elected to serve as the relief fund
treasurer.
Do the Relief Fund Board Members Have to be a Resident of the Fire District?
The two fire department appointees shall be residents of the fire district OR active or retired members of the fire department
The two City/County Commissioner appointees shall be a resident of the fire district
The Insurance Commissioner appointee shall be a resident of the fire district OR an active or retired member of the fire department
What is the Term for Board Members?
A board member’s term shall be as follows: the fire department and City/County Commissioners shall hold an election each January to elect their representatives to the board.
One member will serve for two years and one member will serve for one year.
Thereafter, each year in January they shall elect only one member, and his term of office shall be for two years.
The Commissioner of Insurance appointee shall serve at the pleasure of the Insurance Commissioner.
How is the Relief Fund Treasurer Bonded?
Each local relief fund treasurer is bonded through the State, from the administrative/bond
fees. Each treasurer is bonded up to $1,000,000.00 (One Million Dollars)
There is a $25,000 deductible across the board for any FRF claims
Contact Information
CONTACT INFORMATION:
NC Department of Insurance 1-800-634-7854
Relief Fund Administrator
NC State Firemen’s Association1-800-253-4733