New Jersey Statutes

§ 40:37-162 — Beneficiaries; amount of pension

New Jersey·Title 40 MUNICIPALITIES AND COUNTIES
Each of the persons hereinafter specified shall be entitled to receive a pension for life from the fund established under section 40:37-157 of this Title, equal to 1/2 of his average salary for the last 3 years of his employment. Amended by L.1955, c. 195, p. 771, s. 4, eff. Aug. 4, 1955.

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