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New Jersey Statutes, Title: 43, PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 4: Applies to veterans
Section: 43:4-3.2: Pension increase table
The first $900.00 of the annual pension or the full amount of the pension, if the same is less than $900.00 per year, shall be increased in accordance with a ratio of increase formula calculated in accordance with the percentage applicable for the calendar year of retirement, as follows:
Year of Ratio of Year of Ratio of
Retirement Increase Retirement Increase
1920 88\% 1937 109\%
1921 72\% 1938 106\%
1922 64\% 1939 104\%
1923 61\% 1940 103\%
1924 61\% 1941 101\%
1925 66\% 1942 96\%
1926 66\% 1943 87\%
1927 65\% 1944 79\%
1928 65\% 1945 70\%
1929 65\% 1946 61\%
1930 66\% 1947 51\%
1931 71\% 1948 41\%
1932 79\% 1949 33\%
1933 89\% 1950 26\%
1934 99\% 1951 19\%
1935 107\% 1952 15\%
1936 111\% 1953 12\%
1954 10\%
L.1967, c. 294, s. 2, eff. Feb. 15, 1968.
This section added to the Rutgers Database: 2012-09-26 13:37:53.
Older versions of 43:4-3.2 (if available):
Court decisions that cite this statute:
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