N.J.S.A. 43:16-1.1 — Executive officers; retention in service until 70 years old

43:16-1.1. Executive officers; retention in service until 70 years old Notwithstanding the provisions of section 43:16-1 of the Revised Statutes, any member who holds office, position, or employment as chief of a police department or as chief of a paid or part-paid fire department may be retained in service by the governing body of the municipality, or by the director of public safety if the municipality has such a director, until such member attains the age of seventy years. L.1947, c. 395, p. 1247, s. 1. Amended by L.1949, c. 218, p. 698, s. 1. 43:16-1.2. Effective date and payment of pension 5. A pension granted under the provisions of the act, to which this act is amendatory and supplementary, shall be effective only on the first day of a month, shall be paid in equal monthly installments, and shall not be decreased, increased, revoked or repealed, except as otherwise provided by the statutory law. No pension shall be due to a retirant or beneficiary unless it constitutes a payment for an entire month; provided, however, that a pension shall be payable for the entire month in which the retirant or beneficiary dies. L.1971,c.179,s.5; amended 1995,c.214.

This is the verbatim text of N.J.S.A. 43:16-1.1, 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.