N.J. Stat. tit. 18A, ch. 66

N.J. Stat. tit. 18A, ch. 66
in effect

Contents

section66-1. Short titlesection66-2. Definitions.section66-2.1. Teachers; membership in Teachers' Pension and Annuity Fundsection66-2.2. Veteran status determined for retirement allowance.section66-3. Teachers' pension and annuity fund continuedsection66-4. Membership.section66-4.1. Appeal for person denied membership in TPAF.section66-4.2. Inapplicability of certain statutes relative to certain transferred service credit.section66-5. Classes of memberssection66-5.1. Increase in TPAF retirement allowance.section66-6. New members placed in class Bsection66-6.1. Membership required as condition of employment; delayed filing; contribution; payment.section66-7. Cessation of membership.section66-8. Continuance of membership.section66-8a. Return to service, eligibility, enrollment in the fund.section66-8.1. Discontinuance from teaching service through voluntary service in Peace Corps; continuance of membership; conditionssection66-9. Resumption of discontinued membershipsection66-10. Nonmembers may joinsection66-11. Teachers in military service may enrollsection66-13. Prior service credit.section66-14. Credit for temporary servicesection66-14.1. Credit for military servicesection66-14.2. Retirement system credit to member on leave of absencesection66-15. Service credit for retirement.section66-15.1. Transfer or purchase of credit for service in other systems.section66-16. Creation of funds.section66-17. Expenses paid by State, reimbursement.section66-18. Contingent reserve fund.section66-18.1. Payment of pension adjustment benefits.section66-19. Annuity savings fund.section66-19.1. TPAF members, eligibility based on one position.section66-20. Excess contributions returnedsection66-21. Retirement reserve fundsection66-22. Pension fundsection66-24. Interest fundsection66-25. Interest allowed on funds.section66-26. Death benefit fundsection66-27. Special reserve fundsection66-29. Members' contribution rate.section66-29.1. Shortage in reserves or contributions; non-liability or deduction for retirement allowancesection66-30. Employee's consent to deductionssection66-31. System to certify contributionssection66-32. Employer's dutiessection66-32.1. Periodic benefits payable under Workers' Compensation Law; salary deductions paid by employer; retirement benefits applicationsection66-33. State contributionssection66-34. Withdrawalssection66-35. Loans, interest rates, administrative fees.section66-35.1. Repayment of loans after retirement of members of TPAF.section66-36. Vesting of TPAF members.section66-37. Early retirement.section66-38. Death benefits; contribution not required when leave is due to illnesssection66-38.1. Limitation on death benefitssection66-39. Teachers' disability retirement.section66-39.1. Disability insurance for certain TPAF members; "Teachers Group Disability Insurance Premium Fund."section66-39.2. Inapplicability relative to certain transferred service credit.section66-40. Medical examination; reemployment; subsequent retirementsection66-41. Ordinary disability allowances.section66-41.1. Increase in retirement allowance for retiree, beneficiary under N.J.S.18A:66-41 or N.J.S.18A:66-47.section66-42. Accidental disability allowances.section66-42.1. Increase in retirement allowance under N.J.S.18A:66-42 or N.J.S.18A:66-47.section66-42.2. Payment of normal contribution for increased benefits under N.J.S.18A:66-41 and N.J.S.18A:66-42 for active members.section66-43. Retirement for service age limits.section66-44. Service retirement allowances.section66-45. Thirty-five year present-entrant allowancessection66-46. Accidental death benefits.section66-47. Teachers' retirement allowance optionssection66-47.1. Spouse's benefit elimination by teachersection66-47.2. Election of death benefit or retirement allowancesection66-47.3. Applicability of N.J.S.18A:66-47section66-48. Monthly payments; payment upon death of retirantsection66-49. Benefits of TRF retirantssection66-51. Allowances exempt from taxes; assignment of group insurance policy rights and benefitssection66-52. Veterans not covered under R.S. 43:4-1.3section66-53. Additional death benefit coveragesection66-53.1. Beneficiary of member or retirant; designation; change; payments; optionssection66-53.2. Reemployment of retireant, reenrollment; subsequent retirement.section66-53.3. Limitation on additional death benefit coveragesection66-54. Deductions from retirement allowance for TPAF members.section66-55. Powers and privileges of a public corporationsection66-56. Board of trustees, committee duties, appointment or election, terms, vacancies, oaths, voting, expenses.section66-56.1. Board of trustees, terms staggeredsection66-57. Officers, actuary, legal adviser, secretary.section66-58. Actuary's reportsection66-58.1. Annuity values; determination without reference to sexsection66-59. Annual reportssection66-60. No interest in fund by trustees or employeessection66-61. Trustees to control funds, investment council member, finance committee.section66-62. Treasurer custodian of fundssection66-63. Correction of errors by trusteessection66-64. False statements to defraud, misdemeanorssection66-65. Agreement on social securitysection66-66. State, employer share of social security obligationssection66-68. Effect of abolition of social security offsetsection66-69. Limitations on death benefits or other benefitssection66-70. Veterans' free membership in fundsection66-70.1. Permission for member to cancel purchase of creditsection66-71. Retirement allowance for veterans.section66-71.1. Veterans' retirement allowancesection66-71.2. Increase in retirement allowance under subsection a. of N.J.S.18A:66-71 and N.J.S.18A:66-47.section66-71.3. Payment of normal contribution for increased benefits under subsection a. of N.J.S.18A:66-71.section66-73. Adoption of social security act, etc., continuedsection66-74. Authorization to purchase group life insurancesection66-75. Requirements for insurance company to qualifysection66-76. Discretion in purchase of coveragesection66-77. Premiums paid from special fundssection66-78. Additional death benefits; contributions; adjustmentsection66-79. Policy to include conversion privilege; proof of insurability after conversionsection66-80. Payment of benefitssection66-81. Arrangements for payment of benefitssection66-82. Policyholder credited in form of reduced premiumssection66-83. Investment in and acquisition of real propertysection66-84. Limit on investmentsection66-85. Carried as an asset of the fundsection66-86. Terms of rental or lease; transfer of land to fundsection66-87. Purchase provisions during occupancysection66-88. Rental or lease arrangements; trustees to execute and deliver, etc.section66-89. Selection of site, and acquisition of landsection66-90. Federal funds; state to be reimbursed; ascertainment of amountsection66-91. Repealer of sections 24 through 110 of chapter 13 of Title 18 of the Revised Statutes, with amendments and supplements, but continuing the teachers' pension and annuity fund, savedsection66-92. Social security offset repealer savedsection66-93. Liabilities created by certain statutes, apportionment and payment savedsection66-94. Existing pension funds continuedsection66-95. Employees may organize pension fundsection66-96. Forming corporation to provide and obtain fundsection66-97. Board of trustees, membership, terms, vacancies.section66-98. Trustees to elect officers; compensation, reimbursement.section66-99. Trustees and officers bondedsection66-100. Annual report by trustees to boards of educationsection66-101. Eligibility as members of fundsection66-102. Certain veterans not members of system to become memberssection66-103. Withdrawal of contributions by veteran members; service credits required; liquidation of certain service creditssection66-104. Definition of "veteran"section66-105. Membership in fund on or subsequent to March 25, 1935; conditionssection66-106. Credit purchase for employment in other governmental units in this or other states; certain leaves of absence.section66-107. Contributions to pension fund.section66-108. Salary deductions; death benefitssection66-109. Disbursements; deposits and investments.section66-109.1. Loans from retirement system.section66-110. Manner of payment of pensions; options.section66-110.2. Increase in certain retirement benefits.section66-111. Option to retire after referendum; amount of pensionsection66-113. Deferred retirement allowance.section66-113.1. Early retirement.section66-114. Public employee veterans, retirement benefits, certain.section66-114.1. Veteran retirees, allowance increased.section66-115. Payment of pensions in semimonthly installmentssection66-116. Exemptionssection66-117. Contributory death benefitssection66-118. Purchase of group life insurance policies for death benefitssection66-119. Qualifications of life insurance companies to issue group insurance policiessection66-120. Payment of premiums for group life insurancesection66-121. Provision of conversion privileges in group life insurance policiessection66-122. Benefits under group life insurance policies; to whom paidsection66-123. Options as to payment of death benefitssection66-124. Leave of absence for illness deemed to be servicesection66-125. Perjury to obtain pensionsection66-126. Retention of moneys bars membersection66-126.1. Definitionssection66-126.2. Increase in pensionsection66-126.3. Ratio of increasesection66-126.4. Appropriations to pay increasesection66-126.5. Waiver; withdrawalsection66-126.6. Adjustment of retirement allowancessection66-126.7. Blanket increase in original or minimum pensions; adjustment of payments under this actsection66-126.8. Director of division of pensions; rules and regulations; reportssection66-126.9. Definitionssection66-126.10. Social security; coverage; referendumsection66-126.11. Application of L.1956, c. 169 upon extension of social security coverage to members of pension fundsection66-126.12. Effect of termination of pension fund on articlesection66-127. Employees of board of education, agreement to reduce salary for purchase of annuity.section66-128. Reduction of salary for obtaining certain benefits.section66-129. Agreements validated, confirmed.section66-167. Repealssection66-168. Repeal subject to certain provisos.section66-168.1. Termination of portion of alternate benefit program.section66-169. Definitions.section66-170. Alternate benefit program.section66-170.1. Commissioner of education; enrollmentsection66-170.2. Employee subsequently deemed eligible for enrollment pursuant to L.1984, c. 200 to continue participation from date of original enrollmentsection66-170.3. Continuation in alternate benefit programsection66-170.4. Former employee of auxiliary organization may participate in alternate benefit program.section66-171. Ineligibility for participation in alternate benefit program; enrollment in public employees' retirement systemsection66-172. Allocation of contributions; mobility of pension creditsection66-172.1. Pension Provider Selection Boardsection66-173. Transfer to alternate benefit program.section66-173.1. Present or former members of police and firemen's retirement system; transfer of contributionssection66-174. Reduction of payments from compensation of participants; employer contributions.section66-175. Termination of membership or participation.section66-175.1. Distribution under alternative benefit program.section66-176. Group life insurance and disability benefits; noncontributory; coverage.section66-177. Purchase of group life insurance and disability benefit coverage; alternate benefit group insurance premium fundsection66-178. Life insurance companies eligible to sell life and accidental death insurancesection66-179. Conversion privilege upon termination of employment or deathsection66-180. Designation of payee for death benefitssection66-181. Payment of death benefitssection66-182. Evidence of insurabilitysection66-183. Designation of beneficiary; form; payment.section66-184. Disability benefits; payment; total disability; exceptions.section66-185. Amount of disability benefitssection66-186. Credit by insurer; savings on commissionssection66-187. Certain employer obligations prohibitedsection66-188. Cash surrender option; policy loans; conditions for annuity repurchase; affect on past and future contributionssection66-189. Vesting of contributions; qualification under federal tax lawsection66-190. Authority to enter into agreements for annuity purchases; method of payment; limitations.section66-191. Prohibited payments; authorized payments.section66-192. Rules and regulations; operation of programs
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026