State Codes and Statutes

Statutes > New-jersey > Title-15a > Section-15a-8 > 15a-8-3

15A:8-3.  Amendment or termination of plans
    Unless otherwise provided in the plan, the board may amend or terminate any  plan described in section 15A:8-1.  An amendment or termination of any plan  shall not impair any rights which have accrued under the plan or deprive any  employee or beneficiary of the employee of the equivalent in cash or other  benefits of the contributions of the employee under the plan.

     L.1983, c. 127, s. 15A:8-3, eff. Oct. 1, 1983.
 

State Codes and Statutes

Statutes > New-jersey > Title-15a > Section-15a-8 > 15a-8-3

15A:8-3.  Amendment or termination of plans
    Unless otherwise provided in the plan, the board may amend or terminate any  plan described in section 15A:8-1.  An amendment or termination of any plan  shall not impair any rights which have accrued under the plan or deprive any  employee or beneficiary of the employee of the equivalent in cash or other  benefits of the contributions of the employee under the plan.

     L.1983, c. 127, s. 15A:8-3, eff. Oct. 1, 1983.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-15a > Section-15a-8 > 15a-8-3

15A:8-3.  Amendment or termination of plans
    Unless otherwise provided in the plan, the board may amend or terminate any  plan described in section 15A:8-1.  An amendment or termination of any plan  shall not impair any rights which have accrued under the plan or deprive any  employee or beneficiary of the employee of the equivalent in cash or other  benefits of the contributions of the employee under the plan.

     L.1983, c. 127, s. 15A:8-3, eff. Oct. 1, 1983.