New Jersey Statutes

§ 40A:10-23 — Payments of premiums after retirement.

New Jersey·Title 40A MUNICIPALITIES AND COUNTIES

40A:10-23.

a.Retired employees shall be required to pay for the entire cost of coverage for themselves and their dependents at rates which are deemed to be adequate to cover the benefits, as affected by Medicare, of the retired employees and their dependents on the basis of the utilization of services which may be reasonably expected of the older age classification; provided, however, that the total rate payable by a retired employee for himself and his dependents, for coverage under the contract and for Part B of Medicare, shall not exceed by more than 25% the total amount that would have been required to have been paid by the employee and his employer for the coverage maintained had he continued in office or active employment and he and his dependents were not eligible for Medicare bene

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

New Jersey § 40A:10-23 (Payments of premiums after retirement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗