40A:10-34.3.Ā  Retired employees with 25 years or more service; premiums
In providing for the continuance of coverage after retirement of employees and their dependents as authorized by section 2 of this act and notwithstandingĀ  any of the provisions of section 2 to the contrary, the employer may assume theĀ  entire cost of such coverage and pay all the premiums for employees who haveĀ  retired after 25 years' or more service with the employer, including theĀ  premiums on their dependents, if any, under such uniform conditions as theĀ  governing body shall prescribe.

L.1983, c. 191, s. 3, eff. May 23, 1983.