43:13-22.49i. Repeal of ordinance; receipt of refund of contributions; membership in PERS and purchase of prior service credits
89 words·~1 min read·
/nj/title-43/chapter-13/43-13-22-49i·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the repeal of the ordinance by the governing body of the city, any elected official of the city who receives a refund of his contributions to the retirement system may become a member of the Public Employees' Retirement System pursuant to section 75 of P.L.1954, c. 84 (C. 43:15A-75) and may purchase credit for previous service as an elected official of the city pursuant to the provisions of subsection b. of section 8 of P.L.1954, c. 84 (C. 43:15A-8b.).
L.1981, c. 565, s. 9, eff. Jan. 12, 1982.