N.J. Admin. Code § 17:1-1.8

Current through Register Vol. 56, No. 11, June 3, 2024

Section 17:1-1.8 - Priorities

(a) In the event the Division is required to establish priorities for the performance of a particular obligation, such priorities shall be made known to all members involved and shall be established in the following order:

1. Those who are retiring or who contemplate retirement within the year;

2. Those who are at or beyond the normal retirement age; and

3. All other members.

(b) The priority of deductions from the monthly retirement allowance shall be the following:

1. Internal Revenue Service tax levy;

2. Federal tax;

3. Loan and various other deductions owed to the Division;

4. State Health Benefits Program and the School Employees' Health Benefits medical plan deductions;

5. State tax;

6. Dental Plan deductions; and

7. Other.

N.J. Admin. Code § 17:1-1.8

Amended by R.2009 d.25, effective 1/5/2009.
See: 40 N.J.R. 4928(a), 41 N.J.R. 277(a).
In the introductory paragraph of (a), deleted "of Pensions and Benefits" following "Division"; rewrote (b)1; deleted (b)3; recodified former (b)4 as (b)3 and former (b)6 as (b)7; added new (b)4 and (b)6; in (b)3, substituted "and various other deductions owed to the Division" for "deduction"; and in (b)5, deleted "and" from the end.