43:16-20 Reduced payments.
2. Upon the receipt of such a waiver, and until the same is withdrawn, altered, or revoked by a subsequent written request, similarly filed, the Division of Pensions and Benefits shall pay a reduced pension, benefit, retirement allowance, or annuity, as shall be requested in such waiver. L.1955, c.137, s.2; amended 2013, c.253, s.33.