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Code · New Jersey · Title 53 — Contracts · Chapter 5A

53:5A-37. Retired members' group insurance premium fund

80 words·~1 min read·/nj/title-53/chapter-5a/53-5a-37

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The Retired Members' Group Insurance Premium Fund shall be the fund in which shall be accumulated the contributions from retired members to provide for their additional death benefits as provided by section 15 of this act. The retirement system shall pay over to the State Treasurer the contributions so accumulated who shall deposit them in the Group Insurance Premium Fund.
L.1965, c. 89, s. 37, eff. July 1, 1965. Amended by L.1966, c. 153, s. 19, eff. June 18, 1966.
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