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New Jersey Statutes, Title: 52, STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
Chapter 18a: "Department" defined
Section: 52:18a-121: Single cash payment for participant ceasing to be member of retirement system
Any participant who ceases to be a member of a State administered retirement system and who does not qualify and apply for benefits under another provision of this act shall be paid a single cash payment. The amount of such payment shall be an amount equal to the value of his account as of the last day of the calendar month in which he ceases to be a member of a State administered retirement system.
L.1963, c. 123, s. 15.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 52:18a-121 (if available):
Court decisions that cite this statute:
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