What is a JIF?

A JIF brings together a number of local governments to:

1. Create the critical mass needed for self-insurance,
2. Jointly purchase the excess insurance needed to cover large claims and
3. Create the specialized administration needed to effectively manage the program.

The JIF system administered by PERMA in New Jersey consists of 22 separate JIFs that collectively cover more than 65% of the local governments in the state. With an annual budget of $200 million and a statutory surplus of $200 million, New Jersey’s MEL system is the largest governmental self-insurance pool for property & casualty in the country.