Title 18A, Title 18A: EDUCATION

18A:66-71.1. Veterans' retirement allowance 3. a. A retiree of the system who meets the definition of a veteran pursuant to this act, or the surviving spouse of a retiree, shall be eligible to receive the special veterans' retirement allowance pursuant to N.J.S.18A:66-71 in lieu …

18A:66-71.2 Increase in retirement allowance under subsection a. of N.J.S.18A:66-71 and N.J.S.18A:66-47. 7. The retirement allowance of each retiree under subsection a. of N.J.S.18A:66-71, or the retiree's beneficiary pursuant to N.J.S.18A:66-47, on the effective date of P.L.2001…

18A:66-71.3 Payment of normal contribution for increased benefits under subsection a. of N.J.S.18A:66-71. 8. The normal contribution for the increased benefits for active members under subsection a. of N.J.S.18A:66-71 as amended by section 6 of P.L.2001, c.353 shall be paid from …

18A:66-73. Adoption of social security act, etc., continued The referendum held, on October 26 and 27, 1955, under which a majority of the active contributing members of the teachers' pension and annuity fund, qualified to vote therein as required by section 218(d)(3) of the soci…

18A:66-74. Authorization to purchase group life insurance The State Treasurer is hereby authorized and permitted to purchase from one or more life insurance companies, as determined by him, a policy or policies of group life insurance to provide for the benefits specified in sect…

18A:66-75. Requirements for insurance company to qualify Any life insurance company must meet the following requirements in order to qualify under section 18A:66-74: (a) be licensed under the laws of the state of New Jersey to transact life and accidental death insurance, and (b)…

18A:66-76. Discretion in purchase of coverage The state treasurer may, in his discretion, determine to purchase group insurance coverage for the noncontributory death benefit provisions as provided in this article, or may determine not to purchase any group insurance coverage for…

18A:66-77. Premiums paid from special funds In the event the state treasurer shall determine to purchase group insurance coverage for the noncontributory death benefits, premiums for the same shall be paid from a special fund, hereby created, called the "group insurance premium f…

18A:66-78. Additional death benefits; contributions; adjustment In the event that the board of trustees of the teachers' pension and annuity fund shall determine to purchase group insurance coverage for the additional death benefit coverage, each member selecting the additional d…

18A:66-79. Policy to include conversion privilege; proof of insurability after conversion Any such group policy or policies shall include, with respect to any insurance terminating or reducing because the member has ceased to be in service or has retired, the conversion privilege…

18A:66-8 Continuance of membership. 18A:66-8. a. If a teacher: (1) is dismissed by an employer by reason of reduction in number of teachers employed in the school district, institution, or department when in the judgment of the employer it is advisable to abolish any office, posi…

18A:66-8.1. Discontinuance from teaching service through voluntary service in Peace Corps; continuance of membership; conditions If a teacher has been or hereafter shall be discontinued from teaching service through voluntary service in the Peace Corps of the United States, his m…

18A:66-80. Payment of benefits 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 through the policyholder, otherwise to …

18A:66-81. Arrangements for payment of 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 a p…

18A:66-82. Policyholder credited in form of reduced premiums Notwithstanding any other provision of law, any insurance company or companies issuing such policy or policies may credit the policyholder, in the form of reduced premiums, with savings by said company or companies in t…

18A:66-83. Investment in and acquisition of real property The director of the division of investment in the department of the treasury, in addition to other investments authorized by law, shall have authority, subject to the approval and acceptance by the board of trustees of the…

18A:66-84. Limit on investment Any investment authorized pursuant to this article shall not exceed 2 1/2 % of the book value of the total investments of such fund at the time of the making of the investment or $11,500,000.00, whichever is the smaller amount. L.1967, c.271.

18A:66-85. Carried as an asset of the fund Any real estate investment made pursuant to this article shall at all times during its ownership by the fund be carried as an asset of the fund. L.1967, c.271.

18A:66-86. Terms of rental or lease; transfer of land to fund If the property is rented or leased to the state, it shall be on terms calling for level periodic rental payments, not more than one year apart, in such amounts as will amortize the total actual cost of the investment,…

18A:66-87. Purchase provisions during occupancy Should such real estate investment be sold to the state during its occupancy as tenant, the board of trustees of the fund shall accept, in full payment therefor, as well as for any state lands theretofore conveyed to it in connectio…

18A:66-88. Rental or lease arrangements; trustees to execute and deliver, etc. Any rental arrangement or lease to the state for the use of such real property shall provide that all costs and expenses for the operation, maintenance, repair and management of the real property shall…

18A:66-89. Selection of site, and acquisition of land The director of the division of purchase and property, subject to the approval of the state house commission, shall be responsible for the selection of a site, planning of any building to be constructed on behalf of the teache…

18A:66-8a Return to service, eligibility, enrollment in the fund. 6. a. A person who returns to service with an employer within the time period set forth in N.J.S.18A:66-7 or N.J.S.18A:66-8 shall be eligible for enrollment in the fund based on the eligibility requirements for enr…

18A:66-9. Resumption of discontinued membership 18A:66-9. If a teacher who has withdrawn the accumulated member's contributions from the retirement system as provided in N.J.S.18A:66-34 is reenrolled as a member, that teacher may purchase credit for all of the previous membership…

18A:66-90. Federal funds; state to be reimbursed; ascertainment of amount On or before September 1 of each year, on the basis of the most recent actuarial valuation of the Teachers' Pension and Annuity Fund and on the basis of the appropriate social security rate of contribution,…

18A:66-91 1955, c. 37, s. 3 (C. 18:13-112.5) 3. Sections 24 to 110, inclusive, of chapter 13 of Title 18 of the Revised Statutes of New Jersey with all amendments and supplements thereto are repealed as of the effective date of this act; provided, however, that the Teachers' Pens…

18A:66-92 1966, c. 66, s. 11 (C. 18:13-112.70f) 11. The following acts and parts of acts are repealed, effective July 1, 1966: P.L.1955, c. 37, s. 68; P.L.1956, c. 218; P.L.1960, c. 123; P.L.1962, c. 108; and P.L.1964, c. 190. The repeal of the aforesaid section and acts shall no…

18A:66-93 1966, c. 66, s. 12 (C. 18:13-112.35a) 12. The liabilities established pursuant to section 33(a) of the act to which this act is amendatory and supplementary on account of veteran members employed as teachers on January 1, 1955 shall be proportionately increased for each…

18A:66-94. Existing pension funds continued Every pension fund heretofore organized under the provisions of article 16 of chapter 5 of Title 18 of the Revised Statutes is continued and shall be governed under this article. L.1967, c.271.

18A:66-95. Employees may organize pension fund The employees of boards of education in school districts in counties of the first class may associate themselves as a corporation for the purpose of providing and obtaining a fund for their retirement upon pension. L.1967, c.271.

18A:66-96. Forming corporation to provide and obtain fund For the purpose of forming such a corporation the county superintendent of schools in each county of the first class shall notify in writing each and every employee of the several boards of education of the school district…

18A:66-97 Board of trustees, membership, terms, vacancies. 18A:66-97. a. Until the effective date of P.L.2005, c.328, any pension fund created or to be created as provided in this article shall be under the control and management of the board of seven trustees, no more than three…

18A:66-98 Trustees to elect officers; compensation, reimbursement. 18A:66-98. The board of trustees shall at the first annual meeting thereof, and at each annual meeting, elect a chairperson, vice-chairperson, secretary, and treasurer, and such other officers as they may deem nec…

18A:66-99. Trustees and officers bonded The trustees and other officers of the corporation shall give bonds with a duly authorized security company as surety, for the faithful performance of their duties, in the sums fixed by the bylaws of the corporation. L.1967, c.271.

18A:67-1. Title or name of educational institutions; exceptions No educational institution conducted in this state shall adopt as a name for the institution any title containing the words "New Jersey," "state of New Jersey," "state," or any other expression indicating a relations…

18A:67-2. Approval of collegiate name 18A:67-2. No institution which proposes to offer courses of study above high school grade, which courses satisfy in whole or in part the requirements for a college or university degree, shall adopt or use any title or name commonly accepted a…

18A:68-1. Right of colleges to give diplomas and confer degrees Subject to the provisions of this chapter, any college in this state founded or hereafter to be founded under and by virtue of the provisions of a general act of the legislature, may, from time to time, give diplomas…

18A:68-1.1 Voter registration at private colleges, universities. 3. The registrar or other principal officer responsible for the registration of students at each eligible institution, as defined by subsection a. of section 3 of P.L.1979, c.132 (C.18A:72B-17), that receives financ…

18A:68-10. Failure to pay penalty Upon the failure of the defendant to pay forthwith the amount of any money judgment rendered against him the defendant shall be committed to the county jail for a period not exceeding 90 days. L.1967, c.271.

18A:68-11. Disposition of moneys recovered 18A:68-11. All moneys recovered under the provisions of this article shall be payable to the State Treasurer. L.1967, c.271; amended 1994,c.48,s.201.

18A:68-11.1. Short title This act shall be known and may be cited as the "Institution of Higher Education Educational Loan Act." L.1977, c. 123, s. 1, eff. June 6, 1977.

18A:68-11.2. Definitions 2. As used in this act: a. "Institution of higher education" means an institution of collegiate grade in New Jersey licensed by the Commission on Higher Education or otherwise authorized under N.J.S.18A:68-6 and accredited by the Middle States Association…

18A:68-11.3. Educational loans from institutional funds; authorization In addition to such other powers and authority which institutions of higher education may have, such institutions may make educational loans upon the terms and conditions prescribed by this act, provided that …

18A:68-11.4. Interest; computation An institution of higher education may make educational loans and may charge and collect interest thereon at a rate not in excess of 1% per month on the first $10,000.00 of the principal sum owing on all such loans for the payment of which a per…

18A:68-11.5. Repayment Educational loans shall be repaid in such manner and shall be subject to such terms and conditions not inconsistent with this act to which the parties thereto may agree. L.1977, c. 123, s. 5, eff. June 6, 1977.

18A:68-11.6. Credit life or health insurance When a person liable for the payment of an educational loan consents in writing thereto, the institution of higher education may obtain or provide either or both credit life insurance and credit health insurance on such person, pursuan…