N.J.S.A. 43:13-22.49i

Repeal of ordinance; receipt of refund of contributions; membership in PERS and purchase of prior service credits

43:13-22.49i. Repeal of ordinance; receipt of refund of contributions; membership in PERS and purchase of prior service credits Upon the repeal of the ordinance by the governing body of the city, any elected official of the city who receives a refund of his contributions to the retirement system may become a member of the Public Employees' Retirement System pursuant to section 75 of P.L.1954, c. 84 (C. 43:15A-75) and may purchase credit for previous service as an elected official of the city pursuant to the provisions of subsection b. of section 8 of P.L.1954, c. 84 (C. 43:15A-8b.). L.1981, c. 565, s. 9, eff. Jan. 12, 1982.

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This is the verbatim text of N.J.S.A. 43:13-22.49i, 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.

N.J.S.A. 43:13-22.49i — Repeal of ordinance; receipt of refund of contributions; membership in PERS and purchase of prior service credits | Kyzer