New Jersey § 11A:6-19 Supplemental compensation; computation; limitation

New Jersey Statutes

§ 11A:6-19 — Supplemental compensation; computation; limitation

New Jersey § 11A:6-19

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This text of New Jersey § 11A:6-19 (Supplemental compensation; computation; limitation) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 11A:6-19 (2026).

Text

11A:6-19. Supplemental compensation; computation; limitation. Supplemental compensation shall be computed at the rate of one-half of the eligible employee's daily rate of pay for each day of accumulated sick leave based upon the compensation received during the last year of employment prior to the effective date of retirement, but supplemental compensation shall not exceed $15,000.00. If an employee dies after the effective date of retirement but before payment is made, payment shall be made to the employee's estate. L. 1986, c. 112, s. 11A:6-19, eff. Sept. 25, 1986.

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11A:6-19. Supplemental compensation; computation; limitation. Supplemental compensation shall be computed at the rate of one-half of the eligible employee's daily rate of pay for each day of accumulated sick leave based upon the compensation received during the last year of employment prior to the effective date of retirement, but supplemental compensation shall not exceed $15,000.00. If an employee dies after the effective date of retirement but before payment is made, payment shall be made to the employee's estate. L. 1986, c. 112, s. 11A:6-19, eff. Sept. 25, 1986.