2016 New Jersey Revised Statutes
Title 43 - Pensions And Retirement And Unemployment Compensation
Section 43:6A-34.2 - State House Commission; Interest On Balance In Annuity Savings, Contingent Reserve And Retirement Reserve Funds
43:6A-34.2. State house commission; interest on balance in annuity savings, contingent reserve and retirement reserve funds
The State House Commission at the end of each fiscal year shall allow interest on the balance of the annuity savings fund, contingent reserve fund and the retirement reserve fund as of the beginning of said fiscal year at the regular interest rate applicable thereto to cover the interest creditable to the respective funds for the year. The amount so allowed shall be due and payable to the funds and shall be credited annually thereto by the commission.
L.1981, c. 470, s. 27, eff. Jan. 19, 1982.
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