New Jersey Statutes

§ 18A:66-26 — Death benefit fund

New Jersey·Title 18A EDUCATION
The members' death benefit fund shall be a fund in which shall be accumulated contributions from the compensation of members to provide for their additional death benefits under the provisions of section 18A:66-53. Upon the death of a member electing the additional death benefit, the additional death benefit payable shall be paid from the member's death benefit fund. L.1967, c.271.

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