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New Jersey Statutes, Title: 43, PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 15c: Defined Contribution Retirement Program; rules, regulations; terms defined.
Section: 43:15c-5.1: Receipt of distributions prior to severance from employment.
11. Notwithstanding the provisions of section 1 of P.L.2007, c.92 (C.43:15C-1), N.J.A.C. 17:6-10.2, or any other law or regulation to the contrary, a participant in the defined contribution retirement program may elect to receive, prior to the participant's severance from employment, a distribution under a federal stimulus program in response to the coronavirus disease 2019 (COVID-19) pandemic, including, but not limited to, a "coronavirus-related distribution" under the Coronavirus Aid, Relief, and Economic Security Act, Pub. L. No. 116-136 (2020).
L.2020, c.115, s.11.
This section added to the Rutgers Database: 2021-02-24 14:35:27.
Older versions of 43:15c-5.1 (if available):
Court decisions that cite this statute:
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