New Jersey Statutes
§ 52:18A-121 — Single cash payment for participant ceasing to be member of retirement system
New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
Any participant who ceases to be a member of a State administered retirement system and who does not qualify and apply for benefits under another provision of this act shall be paid a single cash payment. The amount of such payment shall be an amount equal to the value of his account as of the last day of the calendar month in which he ceases to be a member of a State administered retirement system. L.1963, c. 123, s. 15.
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Nearby Sections
15
§ 52:18A-1
"Department" defined§ 52:18A-10
Encumbrance requests and statements of indebtedness; approval; examination; warrant checks§ 52:18A-101
Personal rights not affected§ 52:18A-102
Repealer§ 52:18A-103
Repealer§ 52:18A-104
Inconsistent acts§ 52:18A-105
Affixing voucher signatures by machine§ 52:18A-106
Bond§ 52:18A-107
Purpose of act§ 52:18A-108
Definitions.§ 52:18A-11
Checks or drafts for transfer of funds§ 52:18A-111
Supplemental Annuity Collective Trust