Editor's Note: The following news brief was contributed by Lawrence Township Public Schools.
On Oct. 23, 2012, the New Jersey School Boards Association Insurance Group awarded the Lawrence Township Public Schools its 2012 Safety Award. The Lawrence Township Public Schools is one of only 40 districts to receive this award of distinction from over 400 districts in NJSBAIG’s workers’ compensation insurance pool.
Recipients of the award are selected based upon two criteria.
First is the effort the Lawrence Township Public Schools put forth as measured by the New Jersey School Boards Association Insurance Group’s Safety Assessment. The second reason is the result achieved as measured by the workers’ compensation loss ratio, which is loss dollars divided by premium dollars.
The 2012 recipients were recognized for implementing an effective safety program in their districts. This minimized their workers’ compensation costs. The ultimate benefit is to the taxpayers and students. The students will have fewer substitute employees so the continuity of their education is maintained at the highest level. The taxpayers will realize a savings, as the school district pays out lower insurance premiums.
The New Jersey School Boards Association Insurance Group, located in Burlington, is a non-profit entity that provides property and casualty insurance at reduced costs to public schools in New Jersey. It is the only statewide insurance pool for property, casualty and workers’ compensation in New Jersey.