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Code · New Jersey · Title 43 — Property · Chapter 11A

43:11A-3. Contributions by employee to cease on termination of municipal employment; refunds on termination of employment before retirement

77 words·~1 min read·/nj/title-43/chapter-11a/43-11a-3·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any contribution required to be made by an employee under an applicable New Jersey pension act shall cease upon the termination of his municipal employment. If a former municipal employee terminates his employment with the Port Authority prior to retirement as herein provided, he shall be entitled to receive any refunds to which he would, under such applicable pension act, have been entitled upon the termination of his municipal employment.
L.1948, c. 250, p. 1108, s. 3.
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