New Jersey § 18A:66-175 Termination of membership or participation.

New Jersey Statutes

§ 18A:66-175 — Termination of membership or participation.

New Jersey § 18A:66-175

Title 18AEDUCATION

This text of New Jersey § 18A:66-175 (Termination of membership or participation.) 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. § 18A:66-175 (2026).

Text

9.Membership or participation in the alternate benefit program shall terminate and the individual shall be considered retired once he has elected to receive a distribution of the value of his accounts in a direct payout, a rollover, an annuity, or a combination thereof. Any such distribution shall occur only upon separation from service, unless the individual is a participant in a transition to retirement program that meets the requirements for such programs established by the Division of Pensions and Benefits. L.1969, c.242, s.9; amended 1993, c.385, s.7; 2013, c.120, s.1.

Free access — add to your briefcase to read the full text and ask questions with AI

9. Membership or participation in the alternate benefit program shall terminate and the individual shall be considered retired once he has elected to receive a distribution of the value of his accounts in a direct payout, a rollover, an annuity, or a combination thereof. Any such distribution shall occur only upon separation from service, unless the individual is a participant in a transition to retirement program that meets the requirements for such programs established by the Division of Pensions and Benefits. L.1969, c.242, s.9; amended 1993, c.385, s.7; 2013, c.120, s.1.