Public-domain · open source
OpenJurist

N.J. Stat. Ann. § 53:5A-41

Inapplicability of other provisions; necessity for creation of reserves

Known as the State Police Retirement System Act

The act spans §§ 53:5A-1 to 53:5A-9 (72 sections).

L.1965, c. 89, s. 41, eff

a. No other provision of the law in any other statute which provides wholly or partly at the expense of the State of New Jersey for pensions or retirement benefits for members of this system and for beneficiaries shall apply to such members or beneficiaries.

b. Notwithstanding anything to the contrary, the retirement system shall not be liable for the payment of any pensions or other benefits to any member or beneficiary for which reserves have not been previously created from funds contributed by the members or the State for such benefits.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.