State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-66 > 18a-66-175

18A:66-175.    Termination of membership or participation 
  9.     Membership or participation in the alternate benefit program shall terminate and the individual shall be considered retired once he has elected to receive a cash distribution upon separation from service or an annuity option from the designated insurer or insurers or a designated mutual fund company or companies, as appropriate. 

L.1969,c.242,s.9; amended 1993,c.385,s.7.