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New Jersey Statutes, Title: 52, STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
Chapter 18a: "Department" defined
Section: 52:18a-113.6: Transfer of certain annuity funds.
1. Employees of the Department of Education, the Commission on Higher Education, or the governing body of any public institution of education who are participants in the Supplemental Annuity Collective Trust pursuant to section 403(b) of the federal Internal Revenue Code of 1986 (26 U.S.C. s.403(b)), as amended, shall transfer all funds that they may have invested as participants in the Supplemental Annuity Collective Trust to a tax-deferred annuity with an insurer or mutual fund company authorized to provide investment contracts under the alternate benefit program pursuant to the provisions of P.L.1995, c.92 (C.52:18A-113.2 et seq.).
L.1996, c.77, s.1; amended 2011, c.78, s.73.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 52:18a-113.6 (if available):
Court decisions that cite this statute:
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