137 chapters · 4,440 sections in this title.
N.J.S.A. 18A:66-24 Interest fund
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18A:66-24. Interest fund There is hereby created an interest fund in which shall be accumulated interest received on the securities, funds and investments of the retirement system. From this fund the board of trustees shall periodically credit interest to the other funds of the s…
N.J.S.A. 18A:66-25 Interest allowed on funds.
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18A:66-25 Interest allowed on funds. 18A:66-25. The board of trustees at the end of each fiscal year shall allow interest on the balance of the contingent reserve fund, the annuity savings fund, the retirement reserve fund, pension fund, benefit enhancement fund and the members' …
N.J.S.A. 18A:66-26 Death benefit fund
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18A:66-26. Death benefit fund The members' death benefit fund shall be a fund in which shall be accumulated contributions from the compensation of members to provide for their additional death benefits under the provisions of section 18A:66-53. Upon the death of a member electing…
N.J.S.A. 18A:66-27 Special reserve fund
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18A:66-27. Special reserve fund The special reserve fund shall be the fund to which any earnings in excess of the amounts annually allowed under the provisions of section 18A:66-25 shall be transferred. No additional amounts shall be credited to the special reserve fund at any ti…