New Jersey Statutes
§ 43:15A-70 — Limitation on liability of retirement system
New Jersey·Title 43 PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Notwithstanding anything to the contrary, the retirement system shall not be liable for the payment of any pensions or other benefits on account of the employees or pensioners of any employer under this article, for which reserves have not been previously created from funds, contributed by such employer or its employees for such benefits. L.1954, c. 84, p. 520, s. 70.
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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