N.J.S.A. 52:18-11.1

Individual retirement annuities for state employees and their spouses; contract with insurance company

52:18-11.1. Individual retirement annuities for state employees and their spouses; contract with insurance company The State Treasurer may enter into a contract with an insurance company authorized to do business in this State to provide to its employees, on a group or individual basis, individual retirement annuities, as defined by section 408(b) of the Federal Internal Revenue Code of 1954 as amended (26 U.S.C. s. 408(b)). The contract shall provide for coverage under these annuities of any employee of the State and may provide for the establishment of annuities on behalf of the spouse of the employee. L.1983, c. 445, s. 5, eff. Jan. 9, 1984.

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This is the verbatim text of N.J.S.A. 52:18-11.1, 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.

N.J.S.A. 52:18-11.1 — Individual retirement annuities for state employees and their spouses; contract with insurance company | Kyzer