N.J. Admin. Code § 5:30-14.44

Current through Register Vol. 56, No. 17, September 3, 2024

Section 5:30-14.44 - Contractor disclosure

(a) A potential contractor shall disclose to the sponsoring agency and to the participants the fees charged, the fee and commission structure, the investment plan offered, and any other pertinent information which the sponsoring agency may need in evaluating the contractor's fee and service.

(b) All length of service award plans shall contain termination clauses with respect to transfers of assets or responsibility under the plan.