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Current as of January 01, 2024 | Updated by Findlaw Staff
Within 120 days of the effective date of P.L.1997, c. 19 (C.53:1-8.2 et al.), the Police and Firemen's Retirement System and the Public Employees' Retirement System shall remit to the State Police Retirement System accumulated deductions standing to the credit of a transferred alcoholic beverage control inspector, member of the State Capitol Police Force, and marine law enforcement officer, and within 180 days following the effective date, remit the pro-rata part of the reserve fund constituting the employer's obligations under the former system applicable to that inspector's, member's, or officer's account. The State Police Retirement System shall then enter the respective sums so remitted to it to the credit of that inspector, member, or officer in the Annuity Savings Fund or the Contingent Reserve Fund of the State Police Retirement System, as appropriate.
Cite this article: FindLaw.com - New Jersey Statutes Title 53. State Police 53 § 5A-5.2 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-53-state-police/nj-st-sect-53-5a-5-2/
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