New Jersey Statutes

§ 43:23-23 — Investment options.

New Jersey § 43:23-23
JurisdictionNew Jersey
Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:23-23 (Investment options.) 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. § 43:23-23 (2026).

Text

11. a. The board may establish any or all of the following investment options:

(1)a capital preservation fund, which prioritizes the security of the deposit over the rate of return. If the board elects to establish a capital preservation fund, the board may provide that the first $1,000 in contributions made by, or on behalf of, an enrollee shall be deposited into the capital preservation fund and the board may provide for an account revocation period during which, if the enrollee chooses to end participation in the program, the enrollee may withdraw the deposited amounts from the capital preservation fund without penalty; or (2) a life-cycle fund; or (3) any other investment option deemed appropriate by the board. b. The board shall designate by rule or regulation one of the investment o

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Bluebook (online)
New Jersey § 43:23-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/43/43%3A23-23.