New Jersey § 43:15A-68.1 Accrued liability contribution of public employer adopting system after July 1, 1971;  payment

New Jersey Statutes

§ 43:15A-68.1 — Accrued liability contribution of public employer adopting system after July 1, 1971; payment

New Jersey § 43:15A-68.1

Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:15A-68.1 (Accrued liability contribution of public employer adopting system after July 1, 1971; payment) 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-68.1 (2026).

Text

The accrued liability contribution of any public employer adopting the retirement system after July 1, 1971 for the purpose of providing prior service credit for the service rendered prior to July 1, 1966, shall be payable by the employer to the contingent reserve fund over a period of not less than 25 years following the initial valuation of such liability by the actuary of the retirement system. L.1971, c. 213, s. 49, eff. June 17, 1971.

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The accrued liability contribution of any public employer adopting the retirement system after July 1, 1971 for the purpose of providing prior service credit for the service rendered prior to July 1, 1966, shall be payable by the employer to the contingent reserve fund over a period of not less than 25 years following the initial valuation of such liability by the actuary of the retirement system. L.1971, c. 213, s. 49, eff. June 17, 1971.