Title 43, Title 43: PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

43:16A-1.4 Enrollment of parole officers. 3. If the Board of Trustees of the Police and Fireman's Retirement System of New Jersey makes a determination, pursuant to section 9 of P.L.1989, c.204 (C.43:16A-1.2), that the parole officers employed by the State Parole Board are eligib…

43:16A-1.5 Membership in PFRS for certain jail wardens. 1. a. As used in this act, "jail warden" means any paid, permanent, uniformed, full-time employee of a county correctional facility who is engaged in the protection, custody, and discipline of facility inmates and who is sub…

43:16A-1.6 Inapplicability of C.43:16A-1. 36. The provisions of section 1 of P.L.1944, c.255 (C.43:16A-1) as amended by P.L.2010, c.1 concerning persons who become members of the retirement system on or after the effective date of P.L.2010, c.1 shall not apply to a person who at …

43:16A-10 Accidental death benefits. 10. (1) Upon the death of a member in active service as a result of: (a) an accident met in the actual performance of duty at some definite time and place, or (b) service in the reserve component of the Armed Forces of the United States or the…

43:16A-10.2 Adjustment to benefit. 5. The adjustment in the benefit to a surviving child or children made pursuant to the amendment of section 10 of P.L.1944, c.255 (C.43:16A-10) by P.L.2016, c.26 shall apply to a benefit entitlement initially granted on or after January 1, 2016,…

43:16A-10.3 Attribution of death to COVID-19. 2. For purposes of paragraph (1) of section 10 of P.L.1944, c.255 (C.43:16A-10), a member whose death is attributable to COVID-19, complications therefrom, or the aggravation or acceleration of a preexisting condition caused thereby s…

43:16A-11. Members ceasing to be firemen or policemen otherwise than by death or retirement; payment If a member should cease to be a fireman or policeman, except by death or retirement as provided in this act, he shall be paid the amount of his aggregate contributions less any o…

43:16A-11.1 Special retirement; allowance; death benefits. 16. a. Should a member resign after having established 25 years of creditable service, he may elect "special retirement," provided, that such election is communicated by such member to the retirement system by filing a wr…

43:16A-11.10. Purchase of credit during official leave without pay 14. A member of the Police and Firemen's Retirement System may purchase credit for time during which the member shall have been absent on an official leave without pay. The credit shall be purchased for a period o…

43:16A-11.11. Members of Police and Firemen's Retirement System may purchase credit. 3. A member of the Police and Firemen's Retirement System may file a detailed statement of public employment in other states or with the United States Government which would be eligible for credi…

43:16A-11.12 Service credit in PFRS for local service; purchase 1. A member of the Police and Firemen's Retirement System who had established service credit in a municipal or county retirement system or pension fund in this State and who is ineligible to transfer the service cred…

43:16A-11.13 Purchase of credit in PFRS. 1. Notwithstanding the provisions of section 4 of P.L.1944, c.255 (C.43:16A-4), any member who is separated involuntarily from the police service covered by the retirement system, and not by removal for cause or charges of misconduct or de…

43:16A-11.14 Purchase of credit in PFRS after member is laid off then rehired. 1. Notwithstanding the provisions of section 4 of P.L.1944, c.255 (C.43:16A-4), any member who is separated involuntarily from firefighting service covered by the retirement system, and not by removal …

43:16A-11.2 Separation from service before 55 with 10 years of creditable service; election of retirement allowance, restoration to service. 17. Should a member, after having established 10 years of creditable service, be separated voluntarily or involuntarily from the service, b…

43:16A-11.3. Members of police and firemen's retirement system; coverage of death benefits; evidence of insurability a. Any person entitled to become a member of the Police and Firemen's Retirement System shall not be allowed any of the death benefits established by sections 5, 6…

43:16A-11.4. Reenrollment; purchase of credit for previous membership service If an employee who has withdrawn the accumulated member's contributions from the Police and Firemen's Retirement System, as provided by section 11 of P.L.1944, c.255 (C.43:16A-11) is reenrolled as a mem…

43:16A-11.5. Application of act This act shall apply to any such employee reenrolled prior to or after the effective date of this act. L.1973, c. 63, s. 2, eff. March 22, 1973.

43:16A-11.6. Transfer or purchase of credit for service in other systems A member who is a member of another State-administered retirement system or pension fund at the time of enrollment in the Police and Firemen's Retirement System and does not contribute to the other system or…

43:16A-11.7 Definition of veteran. 1. For purposes of this act "veteran" means any honorably discharged officer, soldier, sailor, airman, marine or nurse who served in any Army, Air Force or Navy of the Allies of the United States in World War I, between July 14, 1914, and Novemb…

43:16A-11.7a Veteran status determined for military service credit. 6. The Commissioner of the Department of Veterans Affairs shall be responsible for determining whether any person seeking to be considered a "veteran" under section 1 of P.L.1983, c.391 (C.43:16A-11.7), for the p…

43:16A-11.9 Purchase of retirement system credit. 1. Any member of the Police and Firemen's Retirement System of New Jersey who has at least 20 years of creditable service in the retirement system and who leaves a position covered by the retirement system, with the approval of th…

43:16A-12.1 Survivors' benefits. 26. a. Upon the death after retirement of any member of the retirement system there shall be paid to the member's widow or widower a pension of 50% of final compensation for the use of herself or himself, to continue during her or his widowhood, p…

43:16A-12.2. Pension, annuity or retirement allowance effective date; amount limitations; payment of unpaid benefits upon death of retirant 27. A pension, an annuity or a retirement allowance granted under the provisions of this act shall be effective only on the first day of a m…

43:16A-12.3. Designation of beneficiary; payment of benefits The designation of beneficiary by a member or retirant shall be made in writing on a form satisfactory to the retirement system, and filed with the retirement system. The member or retirant may, from time to time and wi…

43:16A-12.4. Requirements for receipt of death benefits; minimum amount of benefit payable Any other provision of this act notwithstanding, (a) no beneficiary of a pensioner who enrolled as a member on or after July 1, 1971 and who retired for any reason other than disability sha…

43:16A-13 PFRS, trustees, committees. 13. a. (1) Subject to the provisions of P.L.1955, c.70 (C.52:18A-95 et seq.), the general responsibility for the proper operation of the retirement system is hereby vested in a board of trustees, and, as specified, the committees established …

43:16A-13.2 Removal of certain limitation on receipt of retirement, death benefits, PFRS. 1. a. Notwithstanding any law, rule, or regulation to the contrary, the Board of Trustees of the Police and Firemen’s Retirement System of New Jersey shall not hold in abeyance the retiremen…

43:16A-13a Transfer of certain powers, functions, duties. 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…

43:16A-14 Management of funds. 14. (1) The board of trustees shall be and are hereby constituted trustees of the various funds and accounts established by this act. All functions, powers and duties relating to the formulation, establishment, amendment, modification or repeal of a…

43:16A-15 Contributions, expenses of administration. 15 (1) The contributions required for the support of the retirement system shall be made by members and their employers. (2) (a) The uniform percentage contribution rate for members shall be 8.5% of compensation. Members of the…

43:16A-15.1. Compulsory enrollment in retirement system; purchase of membership credit; contributions a. In the case of any person who (1) was required to become a member of the retirement system as a condition of employment, and whose application for enrollment in the retirement…

43:16A-15.2. Periodic benefits payable under Workers' Compensation Law; salary deductions paid by employer; retirement benefits application 30. a. If any member of the retirement system receives periodic benefits payable under the Workers' Compensation Law during the course of hi…

43:16A-15.3 Reemployment of retiree; cancellation of benefits; reenrollment. 20. a. Except as provided in subsection b. of this section, if a former member of the retirement system who has been granted a retirement allowance for any cause other than disability, becomes employed a…

43:16A-15.4. Accrued liability contribution of employer; payment The accrued liability contribution of any employer adopting the retirement system after July 1, 1988 for the purpose of providing prior service credit, shall be payable by the employer to the pension accumulation fu…

43:16A-15.6. Pension adjustment benefits; funding 7. Pension adjustment benefits for members and beneficiaries of the Police and Firemen's Retirement System of New Jersey as provided by P.L.1958, c.143 (C.43:3B-1 et seq.) shall be paid by the retirement system from the contingent…

43:16A-15.7. Liability for increased pension and adjustments 3. The actuary for the Police and Firemen's Retirement System shall determine for the valuation period of the retirement system in which this act takes effect the liability of the retirement system for the increased pen…

43:16A-15a. State liable for increased cost to government employers for veterans of operations Restore Hope, Joint Endeavor and Joint Guard 5. The State shall be liable for any increased cost to local government employers participating in the Police and Firemen's Retirement Syste…

43:16A-16 Funds to be established. 16. (1) All the assets of the retirement system shall be credited according to the purpose for which they are held to one of five funds, namely, the annuity savings fund, the pension accumulation fund, the retirement reserve fund, and the specia…

43:16A-16.1 Loans to members, interest rates, repayment. 18. 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 aggregate contributi…

43:16A-16.10 Authority of board of trustees. 3. The board of trustees shall at all times have authority to invest and reinvest the monies in, and to acquire for or on behalf of, the Police and Firemen's Retirement System of New Jersey mortgage loans on residential property. L.199…

43:16A-16.11 Eligibility for mortgage loans, conditions of repayment. 4. a. In addition to any loan for which he may be eligible pursuant to the provisions of section 18 of P.L.1964, c.241 (C.43:16A-16.1) and notwithstanding the provisions of that or any other law to the contrary…

43:16A-16.12 Administration of mortgage loan program. 5. The board of trustees shall delegate the administration of this mortgage loan program to the New Jersey Housing and Mortgage Finance Agency established under section 4 of P.L.1983, c.530 (C.55:14K-4). The agency shall: a. o…

43:16A-16.13 Mortgage loan standards, guidelines. 6. The board of trustees, with the advice of the New Jersey Housing and Mortgage Finance Agency, shall set mortgage loan standards and guidelines for loans made pursuant to this act, including mortgage loan maturity terms, partici…

43:16A-16.14. Loan recipients to occupy residence 7. Any member receiving a mortgage loan pursuant to the provisions of this act shall, within 120 days of the date on which the loan was made, occupy the residence as his principal dwelling place. If any member receiving a mortgage…

43:16A-16.15. Availability of funds for mortgage loans 8. a. Upon application of a member for a mortgage loan the director shall, within 90 days, make available to the New Jersey Housing and Mortgage Finance Agency sufficient funds to provide mortgage loans in accordance with the…

43:16A-16.16 Rules, regulations. 9. The board of trustees shall, with the advice of the Executive Director of the New Jersey Housing and Mortgage Finance Agency and in accordance with the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), promulgate any rules a…