43:16A-13a Transfer of certain powers, functions, duties.
189 words·~1 min read·
/nj/title-43/chapter-16a/43-16a-13a·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
38. All of the present functions, powers, and duties relating to the Police and Firemen's Retirement System of New Jersey in the Division of Pensions and Benefits in the Department of the Treasury are hereby transferred to the Board of Trustees of the Police and Firemen's Retirement System of New Jersey, except that the Board of Trustees of the Police and Firemen's Retirement System of New Jersey may contract with the Division of Pensions and Benefits in the Department of the Treasury to effectuate the goals of this Act.
The Department of the Treasury and the Division of Investment shall retain all functions, powers, duties, equipment and records relating to Common Pension Fund L assigned to the Department of the Treasury and the Division of Investment by P.L. 2017, c.98 (C.5:9-22.5 et seq.). Copies of records relating to the Police and Firemen's Retirement System of New Jersey in the Division of Pensions and Benefits in the Department of the Treasury and the Division of Investment shall be made available to the Board of Trustees of the Police and Firemen's Retirement System of New Jersey upon request.
L.2018, c.55, s.38.