Title 52, Title 52: STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

52:18A-113.6 Transfer of certain annuity funds. 1. Employees of the Department of Education, the Commission on Higher Education, or the governing body of any public institution of education who are participants in the Supplemental Annuity Collective Trust pursuant to section 403(…

52:18A-114. Investment of assets of variable and fixed divisions The assets of the Variable Division and the Fixed Division may be invested through the same agency as other State funds are invested; provided, however, that the council is hereby authorized to use other funding med…

52:18A-115 Investment of assets of Variable Division. 9. The assets of the Variable Division shall be invested and reinvested principally in common stocks and securities which are convertible into common stocks. Such common stocks and securities shall be traded on a securities ex…

52:18A-116. Accounts of variable division The Variable Division shall consist of the following accounts: a. The Variable Accumulation Account shall be the account to which the contributions of participants in the Variable Division are credited. An individual account shall be main…

52:18A-117. Variable retirement benefit, transfer of outstanding loan balance 11. a. Upon retirement under a State administered retirement system, a participant in the Variable Division shall receive a variable benefit under which the amount of the initial payment is determined b…

52:18A-118. Investment and reinvestment of assets of fixed division; fixed income securities The assets of the Fixed Division shall be invested and reinvested principally in fixed income securities which are legal investments for life insurance companies organized under the laws …

52:18A-119. Accounts of fixed division The Fixed Division shall consist of the following accounts: a. The Fixed Accumulation Account shall be the account to which contributions of participants in the Fixed Division are credited. An individual account shall be maintained in the Fi…

52:18A-12 Certain provisions of law construed as applying to the Director of the Division of Budget and Accounting. 12. Wherever a provision of law relating to the presentation of claims or bills for approval, the drawing of warrants, the countersigning of receipts and checks, th…

52:18A-120. Fixed retirement benefit; transfer of outstanding loan balance 14. a. Upon retirement under a State administered retirement system, a participant in the Fixed Division shall receive a fixed benefit under which the initial payment is determined by (1) appropriate actua…

52:18A-121. Single cash payment for participant ceasing to be member of retirement system Any participant who ceases to be a member of a State administered retirement system and who does not qualify and apply for benefits under another provision of this act shall be paid a single…

52:18A-122. Payment in event of death of participant prior to retirement In the event of the death of a participant prior to retirement, an amount equal to the value of his account as of the last day of the month in which the death occurs shall be paid to the designated beneficia…

52:18A-123. Termination of inactive accounts; refunds The council may terminate any inactive account in either division if the value of such account is less than $100.00 and, in such event, shall refund the value of the account in a single cash payment. L.1963, c. 123, s. 17.

52:18A-124. Time each division operative; required number of participants All other provisions of this act notwithstanding, neither division shall become operative until the required number of participants shall have filed applications. The required number of participants shall b…

52:18A-13 Vacancies in certain offices, notice to banks. 13. The Secretary of State shall, when the offices of State Treasurer or director of the Division of Budget and Accounting shall become vacant or the officers or either of them shall no longer be authorized to act as such, …

52:18A-151. Establishment of division; director There is hereby established in the Department of the Treasury the Division of Building and Construction. The division shall be under the immediate supervision of a director who shall be appointed by and serve at the pleasure of the …

52:18A-152. Bureaus; organizational units The State Treasurer shall organize the work of the division in such bureaus and other organizational units as he may determine to be necessary for efficient and effective operation and shall assign to the division such employees in the De…

52:18A-153. Transfer of functions, powers and duties of Division of Purchase and Property, director, and Office of Architecture, Engineering and Construction All the functions, powers and duties of the Division of Purchase and Property, the director thereof and the Office of Arch…

52:18A-154. Transfer of appropriations All appropriations and other moneys available and to become available to any division, office or other agency, the functions, powers and duties of which have been herein assigned or transferred to the Division of Building and Construction, a…

52:18A-155. Transfer of employees All employees of any division, office or other agency, the functions, powers and duties of which have been herein assigned or transferred to the Division of Building and Construction, shall upon the effective date of this act be transferred to th…

52:18A-156. Employee rights Nothing in this act shall be construed to deprive any person of any tenure rights or of any right or protection provided him by Title 11 of the Revised Statutes, Civil Service, or under any pension law or retirement system. L.1970, c. 95, s. 6.

52:18A-157. Transfer of files, records, etc. All files, books, papers, records, equipment and other property of any division, office or other agency, the functions, powers and duties of which have been herein assigned or transferred to the Division of Building and Construction, s…

52:18A-158. Effect upon prior orders, rules, regulations This act shall not affect orders, rules and regulations heretofore made or promulgated by any division, office or other agency, the functions, powers and duties of which have been herein assigned or transferred to the Divis…

52:18A-159. Effect upon pending actions or proceedings This act shall not affect any actions or proceedings, civil or criminal, brought by or against any division, office or other agency, the functions, powers and duties of which have been herein assigned or transferred to the Di…

52:18A-16. Division of Purchase and Property transferred The Division of Purchase and Property of the existing State Department of Taxation and Finance, together with all of its functions, powers and duties is continued, but such division is hereby transferred to and constituted …

52:18A-160. Reports, certifications, etc.; filing with division Unless specifically otherwise provided in this act or by any law, whenever, pursuant to existing law, reports, certifications, applications or requests are required or permitted to be made to the division, office or …

52:18A-161. Construction of prior laws, rules or regulations With respect to the functions, powers and duties hereby transferred to the Division of Building and Construction, whenever in any law, rule, regulation, judicial or administrative proceeding or otherwise, reference is m…

52:18A-162. Repeal of inconsistent acts All acts and parts of acts inconsistent with any of the provisions of this act are, to the extent of such inconsistency, superseded and repealed. L.1970, c. 95, s. 12.

52:18A-163. State employees deferred compensation board; establishment; members; compensation; meetings There is hereby established in the Department of the Treasury the New Jersey State Employees Deferred Compensation Board (hereinafter called the board). The membership of the b…

52:18A-164. New Jersey state employees deferred compensation plan Notwithstanding the provisions of any other statute, the board is empowered to adopt a written plan, consistent with the requirements of the United States Internal Revenue Service, under which a State employee may …

52:18A-165. Deferral and deduction of salary; voluntary written agreement. 3. a. The State may by a voluntary written agreement with any employee of the State provide that a portion of the employee's current salary from the State shall be deferred and deducted each payroll period…

52:18A-166. Investment of funds; division of investment as fiduciary The plan shall designate the Division of Investment, as constituted by P.L.1950, c. 270, (C. 52:18A-79 et seq.) as amended and supplemented from time to time, as the named fiduciary for the investment of funds u…

52:18A-167. Powers a. The board is empowered to take all measures necessary for the implementation and administration of this act, including but not limited to the following: (1) The delegation of all or part of the administration of the Plan, including the management and investm…

52:18A-168. Costs to be recovered by service charge or from private organization with contract for administration No significant costs shall be incurred by the State as a result of this act unless such costs are recovered by charging and collecting a service charge from all parti…

52:18A-169. Immunity from liability for loss The State, the board and the members of the board, the Division of Investment and its employees, and the State Investment Council and its members shall not be liable for any loss incurred by any employee by reason of participation in t…

52:18A-17. Director of Division of Purchase and Property The Division of Purchase and Property shall be headed by a director, who shall be a person qualified by training and experience to direct the work assigned to such division. The director of such division shall be appointed …

52:18A-170. Disposition of deferred, deducted moneys; assets held in trust 8. All moneys which are deferred and deducted in accordance with the provisions of this act and the plan shall remain assets of the State and shall be invested in accord with the provisions of this act and…

52:18A-170.1 Amendment, termination of Supplemental Annuity Collective Trust. 75. With respect to the portion of the Supplemental Annuity Collective Trust that is subject to section 403(b) of the federal Internal Revenue Code (26 U.S.C. s.403(b)), the State may terminate the Supp…

52:18A-171. Unassignability of payments and rights No participating employee or beneficiary thereof shall have the right to commute, sell, assign or otherwise transfer or convey the rights to receive any payments deriving from participation in the plan and such payments and right…

52:18A-172. Deferred and deducted amounts; inclusion as regular compensation; exclusion in computation of federal withholding taxes Any amount of the employee's salary that is deferred and deducted under this act and the plan shall continue to be included as regular compensation …

52:18A-173. Deferred salary clearing fund and other funds The State Treasurer is hereby authorized to establish, on behalf of the board, a deferred salary clearing fund in the State Treasury in which shall be placed temporarily all compensation deferred and deducted in accordance…

52:18A-173.1 Financial advisory services program established for participants of the New Jersey State Employees Deferred Compensation Plan. 1. a. Notwithstanding the provisions of any law, rule, or regulation to the contrary, the Department of the Treasury shall establish a progr…

52:18A-174 Deferred compensation plan expanded. 12. Subject to the independent approval of the State Treasurer, the board may authorize the transfer of funds necessary to permit individuals employed at the New Jersey Institute of Technology, Rutgers, The State University, Rowan U…

52:18A-175. Plan additional to and not part of retirement or pension system The plan shall be in addition to and not a part of any retirement or pension system. L.1978, c. 39, s. 13, eff. June 19, 1978.

52:18A-176. Portability of employees' credit from similar plans The board, either in the plan or through separate rules and regulations, may allow for the portability of appropriate amounts of employees' credit from similar plans maintained by employees' previous employers to the…

52:18A-177. Determination plan consistent with requirements of Internal Revenue Service No agreement may be entered into between the State and any employee for the deferral and deduction of any portion of current salary, pursuant to section 3 of this act, until the board determin…

52:18A-178. Short title This act shall be known and may be cited as the "General Services Administration Act of 1984." L.1984, c. 34, s. 1.