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New Jersey Statutes - Title 43 Pensions and Retirement and Unemployment Compensation - 43:13-22.15c Payment in full of assessments for arrears and interest prior to retirement of member for disability
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New Jersey Laws > Pensions and Retirement and Unemployment Compensation > New Jersey Statutes - Title 43 Pensions and Retirement and Unemployment Compensation - 43:13-22.15c Payment in full of assessments for arrears and interest prior to retirement of member for disability
43:13-22.15c. Payment in full of assessments for arrears and interest prior to retirement of member for disability
No employee member of the retirement system shall be retired on pension except as hereinafter provided until he shall have paid in full the amount of all assessments for arrears and interest thereon. The amount of any assessment for arrears and interest thereon remaining unpaid upon a member's death or retirement for permanent or total disability shall be deducted from the amounts first allowable by way of pension prior to any payment by way of pension to a widow, widower, minor child, dependent parent or member retired for permanent or total disability.
L.1957, c. 189, p. 688, s. 4. Amended by L.1979, c. 281, s. 3, eff. Jan. 8, 1980.
Sections: 13-22.11 13-22.12 13-22.13 13-22.14 13-22.15 13-22.15a 13-22.15b 13-22.15c 13-22.15d 13-22.16 13-22.16a 13-22.16b 13-22.16c 13-22.16d 13-22.16f
Last modified: February 14, 2012
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