43:2-5.Ā  Notice of intention to transfer membership
Said applicant shall notify the administrative head of the teachers' pensionĀ  and annuity fund, at the time of his application to such retirement system orĀ  pension fund, of his intention to withdraw from the teachers' pension andĀ  annuity fund and to enter such retirement system or pension fund and thereuponĀ  the administrative head of the teachers' pension and annuity fund shall remitĀ  to such retirement system or pension fund the total amount which otherwiseĀ  would be payable to him upon his withdrawal therefrom.

L.1949, c. 149, p. 532, s. 2.
Ā