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New Jersey Statutes, Title: 43, PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

    Chapter 15b: Deferred compensation plan, length of service award program.

      Section: 43:15b-6: 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 rights are expressly declared to be and shall be unassignable.

L.1977, c. 381, s. 6, eff. Feb. 8, 1978.



This section added to the Rutgers Database: 2012-09-26 13:37:53.






Older versions of 43:15b-6 (if available):



Court decisions that cite this statute: CLICK HERE.