43:15A-30 - Deductions certified to fund
43:15A-30.Ā Deductions certified to fund
In accordance with the rate of contribution and the extra salary deductionsĀ certified by the retirement system, each department and each branch of StateĀ service not within a department shall certify to the State Treasurer theĀ contribution and extra deductions to be made for the retirement system.Ā TheĀ State Treasurer shall pay each of the amounts so deducted to the retirementĀ system, and he shall transfer to the retirement system monthly or at suchĀ interval as the system designates a detailed statement of all amounts so paid. The retirement system shall cause each of the amounts so deducted to beĀ credited to the individual account of the member from whose compensation theĀ deduction was made.
L.1954, c. 84, p. 492, s. 30.Ā Amended by L.1971, c. 213, s. 12, eff. June 17,Ā 1971.
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In accordance with the rate of contribution and the extra salary deductionsĀ certified by the retirement system, each department and each branch of StateĀ service not within a department shall certify to the State Treasurer theĀ contribution and extra deductions to be made for the retirement system.Ā TheĀ State Treasurer shall pay each of the amounts so deducted to the retirementĀ system, and he shall transfer to the retirement system monthly or at suchĀ interval as the system designates a detailed statement of all amounts so paid. The retirement system shall cause each of the amounts so deducted to beĀ credited to the individual account of the member from whose compensation theĀ deduction was made.
L.1954, c. 84, p. 492, s. 30.Ā Amended by L.1971, c. 213, s. 12, eff. June 17,Ā 1971.
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