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Code · New Jersey · Title 18A — Education · Chapter 66

18A:66-19 Annuity savings fund.

70 words·~1 min read·/nj/title-18a/chapter-66/18a-66-19·

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The annuity savings fund shall be the fund in which shall be credited accumulated deductions and contributions by members or on their behalf to provide for their allowances.
A single account shall be established in this fund for each person who is or shall become a member and all contributions deducted from each such member's compensation shall be credited to this single account.
amended 1971, c.121, s.9; 2010, c.1, s.24.
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