New Jersey Statutes
§ 43:15A-157 — Separate account for each prosecutor, rate.
New Jersey·Title 43 PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
3.
a.Notwithstanding the provisions of section 25 of P.L.1954, c.84 (C.43:15A-25) to the contrary, a separate account shall be established in the annuity savings fund for each prosecutor and all contributions based on the prosecutor's salary shall be credited to this account.
b.A prosecutor shall contribute at a rate established by the board, which contribution shall be deducted from the salary at the time or times it is paid, and which shall be exclusive of any other contribution required of the prosecutor for Social Security, contributory death benefits or deductions for any other purpose. The contribution rate shall be 10% of the prosecutor's salary on and after the effective date of P.L.2011, c.78.
c.A prosecutor who is enrolled on the basis of other public service before, during, o
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Nearby Sections
15
§ 43:15A-100.1
Supplementary "special" retirement allowance to certain retired law enforcement officers§ 43:15A-101
Retirement allowance for certain members not qualifying for retirement as law enforcement officers§ 43:15A-102
Ordinary disability retirement; eligibility§ 43:15A-103
Payment upon death of member who had retired on accidental disability retirement allowance§ 43:15A-104
Contribution rate.§ 43:15A-105
Contributions by veterans; withdrawal§ 43:15A-107
Effective date§ 43:15A-108
Persons considered active members while disabled or on leave of absence; contributions; death benefits§ 43:15A-11
Contributions covering temporary service