Title 18A, Title 18A: EDUCATION

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…

18A:66-14.1. Credit for military service Any member of the retirement system, born in 1920, having at least 33 years of service credit as an employee of the same school district, which is coterminous with a municipality that had a population of 7,000 to 8,000 people, according to…

18A:66-14.2. Retirement system credit to member on leave of absence a. Any person who serves, while on an approved leave of absence from regular duties as a teacher, as an officer of a local, county or State labor organization which represents, or is affiliated with an organizati…

18A:66-15 Service credit for retirement. 18A:66-15. In computing for retirement or for purposes of resignation or separation from service under N.J.S.18A:66-36 and N.J.S.18A:66-37 the total service of a member about to be retired, the retirement system shall credit him with all s…

18A:66-15.1 Transfer or purchase of credit for service in other systems. 18A:66-15.1. a. A member who is a member of another State-administered retirement system or pension fund at the time of enrollment in the Teachers' Pension and Annuity Fund and who does not contribute to the…

18A:66-16 Creation of funds. 18A:66-16. There shall be in the retirement system the contingent reserve fund, annuity savings fund, retirement reserve fund, pension fund, special reserve fund, interest fund, benefit enhancement fund and the members' death benefit fund. L.1967, c.2…

18A:66-167. Repeals The following acts or parts of acts are repealed as of July 1, 1969: a. Sections 18A:64C-11.1 to 18A:64C-11.9, inclusive, of the New Jersey Statutes. b. Sections 18A:65-74 to 18A:65-85, inclusive, of the New Jersey Statutes. c. Public Laws 1967, c. 278 (C. 18A…

18A:66-168 Repeal subject to certain provisos. 2. Repeal of the act and parts of acts, and all amendments and supplements thereto, pursuant to section 1 of this act, is subject to the following provisos: a. The alternate benefit programs established by the Board of Governors of R…

18A:66-168.1 Termination of portion of alternate benefit program. 67. With respect to the portion of the alternate benefit program, P.L.1969, c.242 (C.18A:66-167 et seq.), that is subject to section 403(b) of the federal Internal Revenue Code (26 U.S.C. s. 403(b)), the State may …

18A:66-169 Definitions. 3. As used in this act: a. "Accumulated deductions" means those contributions as defined in N.J.S.18A:66-2 or in section 6 of P.L.1954, c.84 (C.43:15A-6). b. "Base salary" means a participant's regular base or contractual salary. It shall exclude bonus, ov…

18A:66-17 Expenses paid by State, reimbursement. 18A:66-17. The expenses of administration of the retirement system shall be paid by the State of New Jersey. Each employing school district shall reimburse the State for a proportionate share of the amount paid by the State for adm…

18A:66-170 Alternate benefit program. 4. All full-time officers and all full-time members of the faculty of Rutgers, The State University, the Newark College of Engineering, Rowan University, Montclair State University, Kean University, the State and county colleges and all regul…

18A:66-170.1. Commissioner of education; enrollment Notwithstanding any other provision of the statutory law, the Commissioner of Education shall have the option to enroll in the Alternate Benefit Program if he exercises such option within 10 days from the date of his appointment…

18A:66-170.2. Employee subsequently deemed eligible for enrollment pursuant to L.1984, c. 200 to continue participation from date of original enrollment Any employee enrolled in the alternate benefit program who is subsequently deemed to be eligible for enrollment by the Board of…

18A:66-170.3. Continuation in alternate benefit program Notwithstanding the provisions of any law to the contrary, any former employee of the Department of Higher Education or of the Commission on Science and Technology, created pursuant to Executive Order No. 12 of 1982, who was…

18A:66-170.4. Former employee of auxiliary organization may participate in alternate benefit program. 2. Notwithstanding the provisions of any law to the contrary, any employee of an auxiliary organization, as defined in section 2 of P.L.1982, c.16 (C.18A:64-27), at a State or co…

18A:66-171. Ineligibility for participation in alternate benefit program; enrollment in public employees' retirement system Those faculty members, who are ineligible for participation in the alternate benefit program, and all other employees of all of the public institutions of h…

18A:66-172. Allocation of contributions; mobility of pension credit 6. Participants in the alternate benefit program shall be allowed to allocate portions of their own contributions and the contributions of their employer, including amounts used by the employer to purchase an ann…

18A:66-172.1. Pension Provider Selection Board 3. There is established in but not of the Division of Pensions in the Department of the Treasury the Pension Provider Selection Board, which shall consist of the Director of the Division of Pensions or a representative of that direct…