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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-8: Transfer of credits from employment by different employer

           Any employee who made contributions to a similar plan while employed in a state other than New Jersey or by an employer in New Jersey different from the current employer may transfer his credit from the previous plan pursuant to provisions contained in the plan, provided the previous similar plan allows such transfers. Such purchase of credit in a plan authorized by this act shall enable the employee to gain the same benefits of the plan as if he had always been employed by his current employer.

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



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






Older versions of 43:15b-8 (if available):



Court decisions that cite this statute: CLICK HERE.