N.J. Admin. Code § 17:4-4.6

Current through Register Vol. 56, No. 21, November 4, 2024

Section 17:4-4.6 - Minimum adjustment

In order to facilitate the reconciliation of a member's account upon death, no refunds or additional contributions shall be made to a member's loan and arrearages balances, if such adjustments involve an amount of $ 50.00 or less. Unresolved differences of $ 50.00 or less will be written off.

Amended by R.2001 d.66, effective 2/20/2001.
See: 32 N.J.R. 4060(a), 33 N.J.R. 684(a).
Substituted "$ 2.00" for "$ 3.00" following "involves an amount of" and inserted "during a calendar quarter" following "or less".
Amended by R.2011 d.235, effective 9/6/2011.
See: 43 N.J.R. 1177(a), 43 N.J.R. 2364(b).
Rewrote the section.