N.J. Stat. § 18A:66-26
Current through L. 2024, c. 87.
The members' death benefit fund shall be a fund in which shall be accumulated contributions from the compensation of members to provide for their additional death benefits under the provisions of section 18A:66-53. Upon the death of a member electing the additional death benefit, the additional death benefit payable shall be paid from the member's death benefit fund.
N.J.S. § 18A:66-26