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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-7: Exclusion of deferred and deducted amount from computation of federal withholding taxes
Any amount of the employee's salary that is deferred and deducted under this act and the plan shall continue to be included as regular compensation for all purposes, including pension benefits earned by any such employee, but any salary deferred and deducted shall not be included in the computation of any Federal taxes withheld from the employee's salary on behalf of such employee.
L.1977, c. 381, s. 7, eff. Feb. 8, 1978.
This section added to the Rutgers Database: 2012-09-26 13:37:53.
Older versions of 43:15b-7 (if available):
Court decisions that cite this statute:
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