New Jersey Statutes
§ 43:16A-57 — Transfer, merger of certain reserves, moneys.
New Jersey·Title 43 PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
24.All reserves and moneys held by the insurance carrier under group life insurance contracts providing for employee contributions pursuant to the provisions of P.L.1964, c.241 (C.43:16A-11.1 et al.), and any amendments and supplements thereto, shall be transferred and merged with those purchased by the board of trustees. L.1964, c.241, s.24; amended 1967, c.250, s.21; 2018, c.55, s.31.
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Nearby Sections
15
§ 43:16A-1.1
Reclassified members§ 43:16A-10
Accidental death benefits.§ 43:16A-11.10
Purchase of credit during official leave without pay§ 43:16A-11.3
Members of police and firemen's retirement system; coverage of death benefits; evidence of insurability§ 43:16A-11.5
Application of act§ 43:16A-12
1 Survivors' benefits.§ 43:16A-12.3
Designation of beneficiary; payment of benefits