Employees of the Department of Education, the Commission on Higher Education or the governing body of any public institution of higher education may transfer all or a portion of their funds from a tax-deferred annuity with an insurer or mutual fund company authorized to provide investment contracts under the provisions of 52:18A-113.2 et seq. to the tax-sheltered plan.
N.J. Admin. Code § 17:8-2.16
See: 29 N.J.R. 1685(a), 29 N.J.R. 3269(a).