New Jersey Statutes
§ 18A:66-45 — Thirty-five year present-entrant allowances
New Jersey·Title 18A EDUCATION
Any present-entrant member who has had 35 years of service as a teacher to his credit shall be retired at his request, irrespective of his age, and shall receive a retirement allowance, calculated in accordance with section 18A:66-44, consisting of not less than 1/70 of his final compensation for each year of credited service at retirement. L.1967, c.271.
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Nearby Sections
15
§ 18A:66-1
Short title§ 18A:66-10
Nonmembers may join§ 18A:66-100
Annual report by trustees to boards of education§ 18A:66-101
Eligibility as members of fund§ 18A:66-104. Definition of "veteran"
§ 18A:66-104. Definition of "veteran"§ 18A:66-107
Contributions to pension fund.§ 18A:66-108. Salary deductions; death benefits
§ 18A:66-108. Salary deductions; death benefits§ 18A:66-109
Disbursements; deposits and investments.§ 18A:66-109.1
Loans from retirement system.§ 18A:66-11
Teachers in military service may enroll§ 18A:66-110
Manner of payment of pensions; options.