N.J. Admin. Code § 17:1-13.7
Current through Register Vol. 56, No. 23, December 2, 2024
In the event that the amount elected by an employee to fund a plan account in a given plan year exceeds the employee's total claims eligible for payment from the plan account, for expenses incurred in that plan year, including the 2 1/2 month grace period immediately following the end of the calendar year (as submitted no later than April 30 of the following calendar year), the balance in the plan account shall be forfeited to the State.
N.J. Admin. Code § 17:1-13.7