N.J.S.A. 40:37-162

Beneficiaries; amount of pension

40:37-162. Beneficiaries; amount of pension Each of the persons hereinafter specified shall be entitled to receive a pension for life from the fund established under section 40:37-157 of this Title, equal to 1/2 of his average salary for the last 3 years of his employment. Amended by L.1955, c. 195, p. 771, s. 4, eff. Aug. 4, 1955.

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This is the verbatim text of N.J.S.A. 40:37-162, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.