™Your Policy Risk Impact Agent
35 chapters · 1,405 sections in this title.
N.J.S.A. 43:15A-34 Borrowing from fund by members, interest rates.
2.3K chars
43:15A-34 Borrowing from fund by members, interest rates. 34. Any member who has at least 3 years of service to his credit for which he has contributed as a member may borrow from the retirement system, an amount equal to not more than 50% of the amount of his accumulated deducti…
N.J.S.A. 43:15A-34.1 Repayment of loans after retirement of members of PERS.
0.9K chars
43:15A-34.1 Repayment of loans after retirement of members of PERS. 2. In the case of any member who retires without repaying the full amount so borrowed, the Division of Pensions and Benefits shall deduct from the retirement benefit payments the same monthly amount which was ded…
N.J.S.A. 43:15A-35 Custodian of fund; payments; vouchers
0.6K chars
43:15A-35. Custodian of fund; payments; vouchers The State Treasurer shall be the custodian of the funds created by this act, shall select all depositories and custodians and shall negotiate and execute custody agreements in connection with the assets or investments of any of sai…
N.J.S.A. 43:15A-36 Interest in fund by trustee or employee prohibited
0.8K chars
43:15A-36. Interest in fund by trustee or employee prohibited Except as otherwise herein provided, no trustee and no employee of the board of trustees shall have any direct interest in the gains or profits of any investments of the retirement system; nor shall any trustee or empl…
