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Middlesex County municipal fund hears audit and dissolution updates, approves closed‑session claims payments
Summary
At its Dec. 17 meeting the Middlesex County Municipal Joint Insurance Fund received a draft 2023 audit, was told its dissolution plan is awaiting regulator sign‑off, heard public questions about a short‑term third‑party administrator, entered closed session for claims and contractual matters and approved claims payments before adjourning.
The Middlesex County Municipal Joint Insurance Fund on Dec. 17 received an update on its audits and on a previously submitted dissolution plan, moved into executive session to discuss claims and contracts, and approved claims payments before adjourning.
Barbara, a fund staff member, told the board the fund currently has only a draft audited financial statement for the 2023 fund year and that auditors expect to complete quality control review and deliver a final document "hopefully by the end of the week." She said staff has requested a pre‑acceptance meeting with the auditors before the commissioners consider adopting the audit.
Joe Manzo, the fund's chief financial officer, said routine payroll remains the fund's primary expense and flagged accumulation‑related items that the board would handle in closed session. Fund counsel said most remaining matters involve pending litigation and should be discussed privately.
During a public‑comment period, Charlie Crataville of New Brunswick asked about the status of a dissolution plan. Fund counsel said a preliminary dissolution plan was submitted months ago and revised after the state agencies responded with comments; counsel said the plan was revised to reflect a workforce reduction and that the Department of Banking and Insurance and the Department of Community Affairs have not yet given final direction. "We have not yet heard from the departments who have the regulatory authority as to how they want to proceed," counsel said.
Crataville also asked about a new third‑party administrator — he recalled a name like "Highlands." Staff said a short contract will cover the balance of the year (November and December) and that the fund is issuing an RFP for administrators for 2026; the meeting record did not specify contract fees or a longer term arrangement. When asked about GRMA's involvement, staff said GRMA is "not currently" involved and that the relationship ended around Oct. 31 in conjunction with a workforce reduction.
The board then closed the public portion of the meeting and voted to enter closed session to discuss claims and contractual matters. After the closed session, the board voted to approve claims payments and other actions established during the closed session. A final motion to adjourn carried, and members exchanged holiday well wishes and farewells on the record.
Actions recorded on the public record included approval of the Oct. 30, 2025 open and closed meeting minutes, a motion to enter closed session for claims and contractual matters, approval of claims payments established in closed session, and adjournment. The record shows motions were made and seconded (motion to approve the Oct. 30 minutes by Frank Voshing, second by Michael; motions to enter closed session and to approve claims payments likewise made by Frank and seconded by Michael) with roll‑call affirmative votes.
