N.J. Admin. Code § 17:1-17.9

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:1-17.9 - Normal retirement age for the Teachers' Pension and Annuity Fund

(a) In addition to any other vesting provided by State law and in accordance with Internal Revenue Service guidance, a member's benefit is nonforfeitable upon attainment of the normal retirement age, which is as follows:

1. Age 60 for persons who become members before November 2, 2008 (Tier 1 and Tier 2);

2. Age 62 for persons who become members on or after November 2, 2008 (Tier 3 and Tier 4); or

3. Age 65 for persons who become members on or after June 28, 2011.

N.J. Admin. Code § 17:1-17.9