To adopt and promulgate rules and regulations governing the operation
of any plan or plans established under this chapter, the eligibility
and qualifications of town employees participating therein, the character
and quality of suggestions and accomplishments submitted for consideration,
the method of their submission and the procedure for their review,
nominations for merit awards, and the kind, character and value of
such awards, and such other rules and regulations as may be deemed
necessary or appropriate for the proper administration of this chapter
or for the accomplishment of the purposes thereof.