State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-12b > 17-12b-53

17:12B-53.  Determination of amount;  specification in pension plan    No State association shall pay or contract for the payment or adopt a plan providing for the payment of any annual pension payment unless the method of determining the amount of the pension payment is specified in the pension plan.

     L.1963, c. 144, s. 53.  Amended by L.1975, c. 29, s. 1, eff. March 5, 1975.