N.J. Admin. Code § 5:37-4.2

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

Section 5:37-4.2 - Notification of amendment

The employer shall notify all participants in writing prior to making any amendment to the plan. The notice shall state that an amendment will be made, what the amendment will be, why the plan is being amended, and what the impact, if any, will be on the participants. The participants shall have the right to modify the joinder agreement to reduce or eliminate any adverse impact on their accounts.