New Jersey Statutes

§ 43:15A-26 — Excess refundable; shortage deducted

New Jersey § 43:15A-26
JurisdictionNew Jersey
Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:15A-26 (Excess refundable; shortage deducted) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 43:15A-26 (2026).

Text

Any contributions made by a member of the former "State Employees' Retirement System" prior to June 30, 1953, which are in excess of those required shall be refundable with regular interest to the member on demand or used at retirement to provide an annuity of equivalent actuarial value which shall be in addition to his regular retirement allowance. The actuarial equivalent of any shortage in required contributions at the time of retirement on account of misstatement of age, leave of absence, or clerical error, shall be deducted from the retirement allowance otherwise payable. L.1954, c. 84, p. 491, s. 26.

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Bluebook (online)
New Jersey § 43:15A-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/43/43%3A15A-26.