... at the time of retirement. Chapter 132, P.L. 1999 [ N.J.S.A. 43:15A-34.1] permits you to continue your monthly loan deduction into ... at the same time compensation is paid to the member." N.J.S.A. 43:15A-34. In August 1994, when appellant first separated from service, the ... 1 The statute that authorizes PERS members to borrow money, N.J.S.A. 43:15A-34, provides, in part: Any member who has at least 3 ... the same time compensation is paid to the member. 2 N.J.S.A. 43:15A-34 provides in part, as to loan repayments: The amount so ... to which he was correctly entitled shall be paid. 4 N.J.S.A. 43:15A-34.1 provides in pertinent part: In the case of any ...