New Jersey § 43:3C-19 Member fully vested in accumulated contributions.

New Jersey Statutes

§ 43:3C-19 — Member fully vested in accumulated contributions.

New Jersey § 43:3C-19

Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:3C-19 (Member fully vested in accumulated contributions.) 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. § 43:3C-19 (2026).

Text

61.

a.A member shall be fully vested in his or her accumulated contributions at all times.

b.A member shall be fully vested in his or her service retirement benefit upon the attainment of normal retirement age under the retirement system and the completion of any required years of service. Normal retirement age means the age established by regulation consistent with statute.

c.In conformity with section 401(a)(8) of the federal Internal Revenue Code (26 U.S.C. s.401(a)(8)), any forfeitures of benefits by members or former members of the plan shall not be applied to increase the benefits any member would otherwise receive under the plan. L.2011, c.78, s.61.

Free access — add to your briefcase to read the full text and ask questions with AI

61. a. A member shall be fully vested in his or her accumulated contributions at all times. b. A member shall be fully vested in his or her service retirement benefit upon the attainment of normal retirement age under the retirement system and the completion of any required years of service. Normal retirement age means the age established by regulation consistent with statute. c. In conformity with section 401(a)(8) of the federal Internal Revenue Code (26 U.S.C. s.401(a)(8)), any forfeitures of benefits by members or former members of the plan shall not be applied to increase the benefits any member would otherwise receive under the plan. L.2011, c.78, s.61.