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

    Chapter 13: Filling vacancies in trustees of certain trust funds; resignation of trustees

      Section: 43:13-22.59c: Additional payment to retirement system.

          
11. At the time it makes its annual normal contribution to the retirement system, the employer shall pay to the retirement system an additional amount equivalent to the cost of the adjustment in retirement allowances or pensions and in survivorship benefits payable to retirants and beneficiaries in the prior year pursuant to sections 7 through 13 of P.L.1990, c.20 (C.43:13-22.69 et seq.), except the initial payment shall be equivalent to the cost of the adjustment beginning on the effective date of P.L.2013, c.282.

L.2013, c.282, s.11.

This section added to the Rutgers Database: 2014-03-06 15:12:37.






Older versions of 43:13-22.59c (if available):



Court decisions that cite this statute: CLICK HERE.