43:10-18.58c - Additional pension;Ā retiree over 55 with 25 years or more service
43:10-18.58c.Ā Additional pension;Ā retiree over 55 with 25 years or more service Any employee retiring after the effective date of this act who has 25 yearsĀ of service and who has attained 55 years of age, shall be entitled, in additionĀ to a pension at 50% of final salary, to an added 1% of his average salary forĀ each year in excess of 25 years of service rendered prior to his reaching ageĀ 70.
L.1975, c. 230, s. 5, eff. Oct. 16, 1975.Ā Amended by L.1978, c. 127, s. 9.
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L.1975, c. 230, s. 5, eff. Oct. 16, 1975.Ā Amended by L.1978, c. 127, s. 9.
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