N.J. Admin. Code § 17:8-3.6

Current through Register Vol. 57, No. 1, January 6, 2025

Section 17:8-3.6 - Termination; transfer to suspense

If a participant's account in his or her basic retirement system is terminated and later placed in suspense, the value of his or her account in the Supplemental Annuity Collective Trust shall be determined as of the close of the month in which his or her account in the basic retirement system was terminated and he or she shall no longer participate in earnings or losses.