Title 18A, Title 18A: EDUCATION

18A:66-102. Certain veterans not members of system to become members a. Each veteran holding permanent or provisional office, position or employment on June 26, 1962, not covered by the retirement system established under chapter 37 of the laws of 1955, with a board of education …

18A:66-103. Withdrawal of contributions by veteran members; service credits required; liquidation of certain service credits a. Each public employee veteran member of a pension fund in existence and established on June 26, 1962 under article 16 of chapter 5 of Title 18 of the Rev…

18A:66-104. Definition of "veteran" 18A:66-104. "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 November 11, 1918, or…

18A:66-105. Membership in fund on or subsequent to March 25, 1935; conditions Persons employed by any such board of education on March 25, 1935 and also on April 29, 1946, who took advantage of the provisions hereof by making application to the board of trustees on or before Apri…

18A:66-106 Credit purchase for employment in other governmental units in this or other states; certain leaves of absence. 18A:66-106. a. Persons heretofore permanently or provisionally employed by such boards of education who became members of the pension fund at any time prior t…

18A:66-107 Contributions to pension fund. 18A:66-107. The contributions to the pension fund shall be as follows: a. There shall be deducted from every payment of salary of all employees who are members of the fund 3% of the amount of such salary. b. Each board of education shall …

18A:66-108. Salary deductions; death benefits 18A:66-108. a. The board of trustees may, in the manner prescribed by the bylaws of the corporation, assess and collect monthly or semimonthly from each member of the pension fund the amount required to be paid by said member into the…

18A:66-109 Disbursements; deposits and investments. 18A:66-109. No money shall be paid out of the pension fund except by the treasurer of the corporation upon warrants signed by the chairperson of the board of trustees and countersigned by the secretary thereof. No warrant shall …

18A:66-109.1 Loans from retirement system. 10. Any member who has at least three 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 deductions, but not…

18A:66-11. Teachers in military service may enroll Any teacher who had entered or shall hereafter enter into the active air, military or naval service of the United States before making application for enrollment in the retirement system shall be accepted as a member upon his fil…

18A:66-110 Manner of payment of pensions; options. 18A:66-110. Pensions shall be paid from the fund in the manner following: a. A member of the pension fund who was a member on or before June 26, 1962 and who has or shall hereafter have credit in the pension fund for 30 years or …

18A:66-110.2 Increase in certain retirement benefits. 4. a. The retirement allowance of each retiree under N.J.S.18A:66-110, N.J.S.18A:66-113 and section 4 of P.L.1971, c.382 (C.18A:66-113.1), who retired before January 1, 1995, or of the retiree's beneficiary pursuant to N.J.S.1…

18A:66-111. Option to retire after referendum; amount of pension When a majority of the members of any pension fund established pursuant to article 16 of chapter 5 of Title 18 of the Revised Statutes vote affirmatively on a referendum held pursuant to chapter 38 of the laws of 19…

18A:66-113 Deferred retirement allowance. 18A:66-113. A member of the pension fund who has 10 years of service credit in the pension fund and who separates voluntarily or involuntarily before attaining the age of 60 years, and not by removal for cause on charges of misconduct or …

18A:66-113.1 Early retirement. 4. Should a member resign after having established 25 years of creditable service before reaching age 60, he may elect "early retirement," provided that such election is communicated by such member to the retirement system by filing a written applic…

18A:66-114 Public employee veterans, retirement benefits, certain. 18A:66-114. a. (Deleted by amendment, P.L.2004, c.173.) b. Any veteran who took or shall take office, position or employment with a board of education or a school district after June 26, 1962 and who shall become …

18A:66-114.1 Veteran retirees, allowance increased. 2. a. The retirement allowance of each veteran retiree under N.J.S.18A:66-114 who retired before January 1, 1995 shall be increased by 33.3%. b. The retirement allowance of each veteran retiree under N.J.S.18A:66-114 who retired…

18A:66-115. Payment of pensions in semimonthly installments All pensions paid by a pension fund established under article 16 of chapter 5, Title 18 of the Revised Statutes or this article, shall be paid in equal semimonthly installments and shall not be decreased, revoked or repe…

18A:66-116. Exemptions 18A:66-116. The right of a person to a pension, an annuity, or a retirement allowance, to the return of contributions, any benefit or right accrued or accruing to a person under the provisions of this article, and the moneys in the various funds created und…

18A:66-117. Contributory death benefits a. The board of trustees may establish a plan of contributory death benefit coverage under which a death benefit, shall, upon receipt of proper proofs of death in service of a member covered therefor, be paid to such person, if living, as t…

18A:66-118. Purchase of group life insurance policies for death benefits The county superintendent of schools is hereby authorized and permitted to purchase from one or more life insurance companies, a policy or policies of group life insurance to provide for the noncontributory …

18A:66-119. Qualifications of life insurance companies to issue group insurance policies Any life insurance company must meet the following requirements in order to qualify under section 18A:66-118: (a) be licensed under the laws of the state of New Jersey to transact life and ac…

18A:66-120. Payment of premiums for group life insurance a. In the event the county superintendent of schools shall determine to purchase group life insurance coverage for the noncontributory death benefits, premiums for the same shall be paid from a special fund, hereby created,…

18A:66-121. Provision of conversion privileges in group life insurance policies a. Any such group policy or policies shall include, with respect to any insurance terminating because the member has been retired or because of termination of service, the conversion privilege availab…

18A:66-122. Benefits under group life insurance policies; to whom paid Benefits under such group policy or policies shall be paid by the company to such person, if living, as the member shall have nominated by written designation duly executed and filed with the insurance company…

18A:66-123. Options as to payment of death benefits Any such group policy or policies shall provide that payment of any death benefits which are payable by the insurance company may be made in one sum directly to the beneficiary as hereinafter provided, in equal installments over…

18A:66-124. Leave of absence for illness deemed to be service a. For the purpose of section 18A:66-117 and subsection c. of section 18A:66-108, a member shall be deemed to be in service for a period of no more than 2 years while on official leave of absence without pay; provided …

18A:66-125. Perjury to obtain pension Any person who shall willfully or knowingly swear falsely in any oath for the purpose of obtaining or procuring any pension or the payment thereof, under the provisions of this article, shall be deemed guilty of perjury. L.1967, c.271.

18A:66-126. Retention of moneys bars member Any member of the pension fund who shall unlawfully retain any of the moneys, property, or effects of any such corporation organized under this article shall be forever barred from any benefit from the fund. L.1967, c.271.

18A:66-126.1. Definitions As used in this act "retirant" means any former employee included in the membership of the retirement system established under the act to which this act is a supplement, who has retired from such employment and, as a result of such employment, is receivi…

18A:66-126.10. Social security; coverage; referendum a. The State Treasurer, as the State Agency for Social Security, is directed to conduct a referendum on the question of whether the service performed by members of the pension fund established under article 2 of chapter 66 of T…

18A:66-126.11. Application of L.1956, c. 169 upon extension of social security coverage to members of pension fund If Social Security coverage is extended to members of the pension fund, the provisions of P.L.1956, c. 169 shall apply to such members of said pension fund subject t…

18A:66-126.12. Effect of termination of pension fund on article The termination of the pension fund pursuant to the provisions of P.L.1956, c. 169 shall result in the repeal of article 2 of chapter 66 of Title 18A of the New Jersey Statutes and all acts amendatory and supplementa…

18A:66-126.2. Increase in pension The monthly retirement allowance originally granted to any retirant shall be increased in accordance with the provisions of this act. Pension increases shall not be paid to retirants who are not receiving their regular, full, monthly retirement a…

18A:66-126.3. Ratio of increase The "ratio of increase" which shall apply to the retirement allowance originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective; pro…

18A:66-126.4 Appropriations to pay increase 4. The employer shall pay one-half the cost of the increase in the retirement allowances payable to retirants who retired from the employ of such employer. Certification of the amounts due shall be made by the board of trustees to each …

18A:66-126.5. Waiver; withdrawal Any person who is eligible to receive the increased retirement allowance under the provisions of this act may, at any time, waive his right thereto by filing a written notice of waiver with the secretary of the retirement system. The application f…

18A:66-126.6 Adjustment of retirement allowances 6. On or before October 1, 1969 and by the same date in each subsequent year, the Director of the Division of Pensions of the State Department of the Treasury shall review the index and determine the percentum of change in the inde…

18A:66-126.7. Blanket increase in original or minimum pensions; adjustment of payments under this act If legislation is adopted providing for a blanket increase in the original retirement allowances or for minimum allowances to any group of retirants eligible for benefits under t…

18A:66-126.8. Director of division of pensions; rules and regulations; reports The Director of the Division of Pensions of the State Department of the Treasury shall promulgate such rules and regulations, not inconsistent with the provisions of the Pension Increase Act (P.L.1969,…

18A:66-126.9. Definitions As used in this act: a. "Pension fund" means the fund operating under the provisions of article 2 of chapter 66 of Title 18A of the New Jersey Statutes, as such fund applies to certain employees of the boards of education in school districts in counties …

18A:66-127 Employees of board of education, agreement to reduce salary for purchase of annuity. 18A:66-127. Any board of education may enter into an agreement with any of its employees whereby the employee agrees to take a reduction in salary with respect to amounts earned after …

18A:66-128 Reduction of salary for obtaining certain benefits. 18A:66-128. Any reduction in salary agreed to by any employee pursuant to the provisions of this article shall be deemed to be a reduction in salary for the purpose of obtaining the benefits afforded under section 403…

18A:66-129 Agreements validated, confirmed. 18A:66-129. Any agreements having the same purpose as agreements authorized by this article, made prior to October 7, 1966, between a board of education and any of its employees are hereby validated and confirmed and shall be as good an…

18A:66-13 Prior service credit. 18A:66-13. Prior service credit. A member may file a detailed statement of: a. school service and service in a similar capacity in other states and in schools within and outside the United States operated by a department of the United States Govern…

18A:66-14. Credit for temporary service 18A:66-14. Any person employed temporarily as a teacher whose temporary employment resulted, without interruption, in permanent employment, and any person who was employed as a substitute immediately prior to permanent employment may purcha…