New Jersey § 52:18A-121 Single cash payment for participant ceasing to be member of retirement system

New Jersey Statutes

§ 52:18A-121 — Single cash payment for participant ceasing to be member of retirement system

New Jersey § 52:18A-121

Title 52STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

This text of New Jersey § 52:18A-121 (Single cash payment for participant ceasing to be member of retirement system) 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. § 52:18A-121 (2026).

Text

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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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.