N.J. Admin. Code § 17:1-1.5
Current through Register Vol. 56, No. 11, June 3, 2024
Section 17:1-1.5 - Annual statements; retirement system(a) Updated online statements of member accounts are made available over the Internet, through the Member Benefits Online System, to active members of the following retirement systems and funds after each quarterly posting in each calendar year: 1. Public Employees' Retirement System - State and local members;2. Teachers' Pension and Annuity Fund - State and local members;3. Police and Firemen's Retirement System - State and local members;4. State Police Retirement System members;5. Members of the Legislative Part of the Public Employees' Retirement System;6. Members of the Prosecutors Part of the Public Employees' Retirement System; and7. Members of the Workers Compensation Judge Part of the Public Employees' Retirement System.(b) Until MBOS becomes available for Judicial Retirement System (JRS) accounts, statements of member accounts will continue to be mailed annually to the employers of active JRS members, after the employer reporting for the second quarter of the calendar year is complete.(c) Until MBOS becomes available for Alternate Benefit Program (ABP) accounts, statements of member accounts will continue to be mailed annually to employers of active ABP members, after the employer reporting for the fourth quarter of the calendar year is complete.(d) Interim statements will not be supplied except upon request for good cause.(e) It is the responsibility of the employer of members who receive a paper statement to direct all statements to the appropriate party when a disputed address is involved. Employers will mail statements for transferred employees who receive a paper statement to the new employer for distribution. Employers will mail statements to the employee's home address for any situation where the employee is not available for statement distribution at the employer's location.N.J. Admin. Code § 17:1-1.5
Amended by 48 N.J.R. 1306(a), effective 6/20/2016