N.J. Admin. Code § 17:5-5.2

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

Section 17:5-5.2 - Effective date; death prior thereto

(a) A member's retirement allowance shall not become due and payable until 30 days after the date the Board approved the application for retirement or one month after the date of the retirement, whichever is later.

(b) A member who files an application for retirement and whose insurance coverage has not lapsed prior to filing the retirement application is covered under the insurance program as an active member in the event of death prior to the date the retirement allowance becomes due and payable.

N.J. Admin. Code § 17:5-5.2

Recodified from N.J.A.C. 17:5-5.3 and amended by R.2001 d.128, effective 4/16/2001.
See: 33 New Jersey Register 204(a), 33 New Jersey Register 1205(a).
In (a), substituted "one month" for "30 days". Former N.J.A.C. 17:5-5.2, Effective dates; changes, recodified to N.J.A.C. 17:5-5.3.