18A:66-45. Thirty-five year present-entrant allowances
58 words·~1 min read·
/nj/title-18a/chapter-66/18a-66-45A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any present-entrant member who has had 35 years of service as a teacher to his credit shall be retired at his request, irrespective of his age, and shall receive a retirement allowance, calculated in accordance with section 18A:66-44, consisting of not less than 1/70 of his final compensation for each year of credited service at retirement.
L.1967, c.271.