N.J. Admin. Code § 5:30-14.48

Current through Register Vol. 56, No. 17, September 3, 2024
Section 5:30-14.48 - Pooling of funds

Except for individual annuities and life insurance contracts, the plan shall provide for investments in authorized investment options by pooling the amounts awarded. The return on investments shall be apportioned on a prorated basis among all participants in the plan after deductions for reasonable administrative costs.

N.J. Admin. Code § 5:30-14.48