43:13-22.44. Ratio of increase
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/nj/title-43/chapter-13/43-13-22-44·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The "ratio of increase" which shall apply to the pension originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective.
Year of Ratio of
Retirement Increase
1915 219%
1916 198%
1917 153%
1918 116%
1919 88%
1920 62%
1921 82%
1922 94%
1923 90%
1924 90%
1925 85%
1926 84%
1927 87%
1928 89%
1929 89%
1930 94%
1931 113%
1932 138%
1933 151%
1934 143%
1935 137%
1936 134%
1937 126%
1938 130%
1939 134%
1940 132%
1941 120%
1942 99%
1943 88%
1944 85%
1945 80%
1946 66%
1947 45%
1948 35%
1949 36%
1950 35%
1951 25%
1952 22%
1953 21%
1954 21%
L.1971, c. 277, s. 3.