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35 chapters · 1,405 sections in this title.
N.J.S.A. 43:15B-1 Deferred compensation plan, length of service award program.
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43:15B-1 Deferred compensation plan, length of service award program. 1. a. Any municipality, county, or an authority created by one or more counties or municipalities (hereinafter "employer") may establish a deferred compensation plan (hereinafter "plan"), and a sponsoring agenc…
N.J.S.A. 43:15B-10 Consistency of plan with requirements of federal Internal Revenue Code
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43:15B-10. Consistency of plan with requirements of federal Internal Revenue Code 10. No agreement may be entered into between the employer and any employee for the deferral and deduction of any portion of current salary, pursuant to this act, until the named fiduciary determines…
N.J.S.A. 43:15B-2 Amounts; determination by agreement
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43:15B-2. Amounts; determination by agreement The amounts of any such deferred salary shall be determined by agreement between the employer and the employee, subject to any limitations which the employer may establish. The total amount of the salary deferred pursuant hereto for a…
N.J.S.A. 43:15B-3 Provisions of plan.
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43:15B-3. Provisions of plan. 3. a. The plan shall provide that all money not needed for the immediate payment of benefits shall be invested by the employer in interest bearing securities in which savings banks of this State are authorized to invest their funds, or the employer s…
