40:37-168.2 - Group insurance;Ā payment of part of premiums by commission
40:37-168.2.Ā Group insurance;Ā payment of part of premiums by commission
Whenever a group has been or may hereafter be established in accordance withĀ the provisions heretofore set forth, it shall be lawful for the commission,Ā except in counties where a county employees' pension fund operates under theĀ provisions of chapter one hundred sixty, laws of one thousand nine hundred andĀ forty-three (R.S. s. 43:10-18.1 et seq.), and the amendments and supplementsĀ thereto, to pay as additional compensation to the individual members of theĀ said group or groups a part of the premium on the said group policy orĀ policies;Ā provided, however, that the portion of the premium thus paid by theĀ commission does not exceed twenty-five per centum (25%);Ā and further provided,Ā that nothing in this act contained shall be construed as compelling theĀ commission to pay any portion of the premium on the said group policy orĀ policies.
L.1945, c. 241, p. 764, s. 2, eff. April 25, 1945.
Whenever a group has been or may hereafter be established in accordance withĀ the provisions heretofore set forth, it shall be lawful for the commission,Ā except in counties where a county employees' pension fund operates under theĀ provisions of chapter one hundred sixty, laws of one thousand nine hundred andĀ forty-three (R.S. s. 43:10-18.1 et seq.), and the amendments and supplementsĀ thereto, to pay as additional compensation to the individual members of theĀ said group or groups a part of the premium on the said group policy orĀ policies;Ā provided, however, that the portion of the premium thus paid by theĀ commission does not exceed twenty-five per centum (25%);Ā and further provided,Ā that nothing in this act contained shall be construed as compelling theĀ commission to pay any portion of the premium on the said group policy orĀ policies.
L.1945, c. 241, p. 764, s. 2, eff. April 25, 1945.